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UET United Electronic Technology AG, DE000A0LBKW6

UET United Electronic Technology AG, DE000A0LBKW6

06.11.2019 - 10:49:48

UET United Electronic Technology AG announces that business area SYSTEMS went live with first 5G Mobile Backhaul system.

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces today that the SYSTEMS business area under the brand albis-elcon has successfully completed the first 10 Gigabit 5G Mobile Backhaul installation.

Based on the ACCEED4420 10 Gigabit Carrier Ethernet system platform, albis-elcon successfully commissioned the first 5G Mobile Backhaul system. The installation is part of a larger planned system rollout in Mexico.

albis-elcon plans to put 100 additional 5G Mobile Backhaul systems into service until the end of this year. The solution is part of UET's long-term development plan to supply systems and provide services for the 5G network rollout and Gigabit Network Evolution. Paired with the existing Hard- and Software for Energy Management and Network Management, the company is well-positioned to contribute and benefit from the current and future market developments.

For albis-elcon, Mexico is also one of the markets where the supply of products goes together with the provision of professional services including site survey, installation and maintenance nationwide.

Contact: UET United Electronic Technology AG Frankfurter Straße 80-82 D-65760 Eschborn

Sebastian Schubert Investor Relations Tel: + 49 (0) 6196 777755-0 E-Mail: investor@uet-group.com

06.11.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: UET United Electronic Technology AG Frankfurter Straße 80-82 65760 Eschborn

Germany Phone: +49 (0)6196-7777550 Fax: +49 (0)6196-7777559 E-mail: investor@uet-group.com Internet: www.uet-group.com ISIN: DE000A0LBKW6 WKN: A0LBKW Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Stuttgart EQS News ID: 905829   End of News DGAP News Service

905829  06.11.2019 

@ dgap.de