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MTI Wireless Edge Ltd - communication and radio frequency technology firm - Wins two orders, worth $650,000, from unnamed Indian clients for its 5G antenna solution. The orders are expected to be fulfilled in the current financial year, it says.
Chief Executive Moni Borovitz says: ‘These orders, which are in line with our expectations, show increasing activity in the Group’s Indian market. I am pleased to see our Antenna division progressing in India, a large-scale area of opportunity for MTI.’
Current stock price: 39.50 pence per share, up 0.3% on Tuesday
12-month change: down 14%
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