CFC UET United Electronic Technology AG

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

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:


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.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at

Language: English
Company: UET United Electronic Technology AG
Frankfurter Straße 80-82
65760 Eschborn
Germany
Phone: +49 (0)6196-7777550
Fax: +49 (0)6196-7777559
E-mail:
Internet: -group.com
ISIN: DE000A0LBKW6
WKN: A0LBKW
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart
EQS News ID: 905829

 
End of News DGAP News Service

905829  06.11.2019 

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06/11/2019

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