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Tata Communications Ltd enters into BTA to hive off non-network IoT business

Tata Communications Ltd has entered into a business transfer agreement for sale / transfer / hive-off of the Companys non-network Internet of Things business to Tata Communications Collaboration Services Pvt Ltd on slump sale basis.
Tata Communications Collaboration Services Private Limited Tata Communications Ltd Tata Communications Communications Limited Managed Services Balance Sheet

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InCoax wins order for Managed Services of 0.49 MUSD (5 MSEK) from the US-based Fiber/LAN operator.

InCoax has received an order regarding software maintenance, operation, and platform support of installed InCoax systems from the US-based Fiber/LAN operator. The order amounts to USD 0.49 million (SEK 5 million). The order will be invoiced in 2022 and the revenue will be deferred for four years starting in January 2023.
Helge Tiainen Incoax Networks Communication Service Providers Managed Services
Source: di.se

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