UET United Electronic Technology AG

  • WKN: A0LBKW
  • ISIN: DE000A0LBKW6
  • Land: Deutschland

Nachricht vom 06.11.2019 | 10:47

UET United Electronic Technology AG announces that business area SYSTEMS went live with first 5G Mobile Backhaul system.

DGAP-News: UET United Electronic Technology AG / Key word(s): Product Launch/Miscellaneous

06.11.2019 / 10:47
The issuer is solely responsible for the content of this announcement.


UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces today that the SYSTEMS business area under the brand albis-elcon has successfully completed the first 10 Gigabit 5G Mobile Backhaul installation.

Based on the ACCEED4420 10 Gigabit Carrier Ethernet system platform, albis-elcon successfully commissioned the first 5G Mobile Backhaul system. The installation is part of a larger planned system rollout in Mexico.

albis-elcon plans to put 100 additional 5G Mobile Backhaul systems into service until the end of this year. The solution is part of UET's long-term development plan to supply systems and provide services for the 5G network rollout and Gigabit Network Evolution. Paired with the existing Hard- and Software for Energy Management and Network Management, the company is well-positioned to contribute and benefit from the current and future market developments.

For albis-elcon, Mexico is also one of the markets where the supply of products goes together with the provision of professional services including site survey, installation and maintenance nationwide.

Contact:
UET United Electronic Technology AG
Frankfurter Straße 80-82
D-65760 Eschborn

Sebastian Schubert
Investor Relations
Tel: + 49 (0) 6196 777755-0
E-Mail: investor@uet-group.com



06.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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