Business
Establishment of new subsidiary in India
Establishment of new subsidiary in India.
About this update from Mti Wireless Edge Ltd
[{"type":"text","content":"\n\n\n \nReach non-regulatory announcement*\n21 July 2023\nMTI Wireless Edge Ltd\n(\"MTI\" or the \"Group\")\n \nEstablishment of new subsidiary in India\n \nMTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce the establishment of its subsidiary, 'MTI Wireless Communication India Private Limited', to cater to the demand for cutting-edge antennas in India's rapidly evolving 5G cellular market.\nAs a key player in the antenna technology space for over 60 years, MTI has consistently provided innovative and reliable solutions to global clients, including leading telecom operators and enterprises. The launch of MTI Wireless Communication India strengthens the Group's commitment to the Indian market and empowers local businesses to harness the full potential of 5G technology.\nMTI Wireless Communication India will offer an extensive range of antenna solutions specially designed for 5G networks.\n\"We are thrilled to establish MTI Wireless Communication India Private Limited and contribute to India's ambitious 5G journey. We are eager to continue to support India's telecom operators, enterprises, and industries in deploying high-performance 5G networks across the nation\" said Moni Borovitz, CEO of MTI Wireless Edge Ltd.\nFor more information about MTI Wireless Communication India Private Limited and our 5G antenna solutions, please visit https://www.mtiwe.com.\n \nFor further information please contact:\n\n\n\n\nMTI Wireless Edge Ltd\nMoni Borovitz, CEO\n\n\n+972 3 900 8900\nhttp://www.mtiwirelessedge.com\n \n \n\n\n\n\nAllenby Capital Limited (Nomad and Joint Broker)\nNick Naylor/Alex Brearley/Piers Shimwell (Corporate Finance)\nAmrit Nahal/Jos Pinnington (Sales and Corporate Broking)\n\n\n+44 20 3328 5656\n\n\n\n\n \nShore Capital (Joint Broker)\nToby Gibbs/Rachel Goldstein(Corporate Advisory)\n \n\n\n \n+44 20 7408 4090\n\n\n\n\nNovella (Financial PR)\nTim Robertson/Safia Colebrook\n\n\n+44 20 3151 7008\n\n\n\n\n \n\n\n \n\n\n\n\n \nAbout MTI Wireless Edge Ltd. (\"MTI\")\nHeadquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisio...