NeraTel revenue drops 9% in 2020 as COVID-19 pandemic impacts project delivery to customers

Monday 1 March 2021 | 18:26 CET | News
Singapore-based Nera Telecommunications (NeraTel) saw its revenue decrease by 9.2 percent to SGD 131.1 million in 2020 from SGD 144.4 million in the twelve months of 2019. The decline was mainly due to movement restrictions implemented in various countries amidst the COVID-19 pandemic, which had an impact on the delivery of projects to customers, the company said.

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Categories: General
Companies: Nera Telecommunications / NeraTel
Countries: Asia / Singapore
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