Defense firm Saab signs network service contract with TeliaSonera.

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Swedish telecom operator TeliaSonera has signed a three-year contract with Swedish defense company Saab, maker of the Gripen fighter jet, over network services.

The deal is worth 41 million kronor ($5.8 million), TeliaSonera said in a statement. The deal also includes an option for two years' extension.

Under the contract TeliaSonera will make its DataNet service available, connecting the Swedish defence group's data networks.

Shares in TeliaSonera were up 1.4 percent at midday trading Monday, against a 0.15 percent rise in the wider OMX Stockholm 30 index.

 

Last Updated (Monday, 18 January 2010 12:31)

 
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