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Correction regarding the timing of reservations attributable to a customer contract in 5G Cloud Network Data Layer

MAR

Enea announces today a correction regarding the timing of reservations for not yet received payments, amounting to EUR 4 million, attributable to the multi-year contract for 5G Cloud Network Data Layer, signed with a European telecom operator in June 2020.

The company has established that the reservation will impact the second quarter since the triggering event occurred after the end of the first quarter.

Contact

Ola Burmark, Chief Financial Officer

Phone: +46 8 507 140 00
E-mail: ir@enea.com

About Enea

Enea is a world-leading specialist in software for telecom and cybersecurity. The company’s cloud-native solutions connect, optimize, and secure services for mobile subscribers, enterprises, and the Internet of Things. More than 100 communication service providers and 4.5 billion people rely on Enea technologies every day.

Enea has strengthened its product portfolio and global market position by integrating a number of acquisitions, including Qosmos, Openwave Mobility, Aptilo Networks, and AdaptiveMobile Security.

Enea is headquartered in Stockholm, Sweden, and is listed on Nasdaq Stockholm.

For more information: www.enea.com

Enea is required to make the information in this press release public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 5:30 p.m. on April 26, 2023.

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Correction regarding the timing of reservations attributable to a customer contract in 5G Cloud Network Data Layer

Datum 2023-04-26, kl 17:30
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Correction regarding the timing of reservations attributable to a customer contract in 5G Cloud Network Data Layer
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