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Telit updates on sale of automotive unit, restructure, trading outlook

Tuesday 11 December 2018 | 20:11 CET | News
Global IoT enabler Telit Communications has issued an update on the sale of its automotive division to TUS International, announced in July, as well on trading for the year to 31 December 2018 and plans to reduce the group's cost base by around USD 10 million in 2019.

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Categories: Mobile & Wireless
Companies: Telit Communications
Countries: World
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