See: Nera Telecommunications sees 33.6% lower group revenue of $22.8 mil in 1Q21
On Sept 21, NeraTel announced that the tribunal had previously dismissed its claims as well as Sandvine’s counterclaim, and ordered NeraTel to pay costs to Sandvine of around $1.033 million.
The sum will be accounted for in the FY2021, which is expected to have a material impact on NeraTel’s results for the period.
Shares in NeraTel closed 0.2 cent higher or 1.34% up at 15.1 cents on Oct 29.
See also: Amalgamation of AIS and Gulf to be completed on April 1, says Singtel
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