Maven Wireless Sweden AB (publ) has signed an extended global framework agreement with Telenor Procurement Company (TPC) for the delivery of equipment and software supporting radio coverage across all mobile technologies, including new 5G product variants. The updated agreement has been extended by an additional three years, with deliveries scheduled through December 31, 2027.
Over the past six years, Maven Wireless has delivered products and services to Telenor Norway under the existing agreement, with a cumulative value of approximately SEK 185 million. With a similar pace of delivery, price adjustments and new product variants, this extension is estimated to be worth approximately SEK 100 million for the next three years.
"I am very pleased with our strong partnership with Telenor, where over the past six years we have delivered the market’s leading indoor and tunnel coverage systems. This has allowed us to deepen our relationships with Telenor teams in Oslo, Lillehammer, and Singapore," says Fredrik Ekström, CEO of Maven Wireless. "We now look forward to introducing our groundbreaking 5G solutions also to Telenor and to further strengthening our technical and business collaboration with our new product families, Nimbus and Stratus 5G."