Tecnotree Group operates in the following geographical areas: Europe & Americas (Europe and North, Central and South America) and MEA & APAC (Middle East and Africa, Asia Pacific).
The net sales in the market area declined from last year and was 16.3 million (24.2)
The legacy business decreased from last year but collaboration with the customers remained still solid. One new logo was won in the region. During the year, Tecnotree delivered the first Diameter Ro interface to provide operator’s full VoLTE/VoWiFi prepaid service, building confidence on Tecnotree’s abilities to fully support 5G oriented standards.
The year-end order book in the area stood at EUR 4.8 million (10.7).
The net sales in the market area declined from last year and was 25.6 million (30.9)
Business with the current customers remained strong and focused and concentrated efforts were directed towards opening new accounts in new geographies in the region. The traction build was progressive indicating generation of revenue in the subsequent year.
The year-end order book in the area grew from last year and stood at EUR 16.3 million (15.5).