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Kavveri Telecom inks pact with Ericsson India

Kavveri Telecom inks pact with Ericsson India
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First Published: Tue, May 08 2007. 03 40 PM IST
Updated: Tue, May 08 2007. 03 40 PM IST
By PTI
Mumbai: Telecom technology firm Kavveri Telecom Products said on 8 May that it has entered into an agreement with wireless infrastructure company Ericsson India for supply of its products for the latter’s operations across the country.
Kavveri Telecom estimates to get orders worth around Rs50 crore under the agreement, which is valid for a period of three years up to 31 December, 2009, it informed the BSE.
In March, Kavveri Telecom was awarded orders from Hutchison Essar, to provide In-Building Solutions (IBS) to the mobile operator’s network for all its circles throughout India in 2007.
Reacting to the news, shares of Kavveri Telecom jumped over 14% and were last trading at Rs59.05, up 9.25% on the BSE.
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First Published: Tue, May 08 2007. 03 40 PM IST
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