Enea AB (publ) has signed a contract for 5G traffic management with a North American mobile network operator. The solution is based on Enea's new 5G Service Engine (5G-SE), which was launched to the market in July. This product will together with associated traffic management features improve subscribers' quality of experience, accelerate traffic delivery, and alleviate radio network congestion.

The agreement, which covers new business with an existing customer, includes software licenses, professional services, and product support. Software licenses corresponding to a value of CAD 3.3 million are recognized in the third quarter of 2022, while remaining parts of the agreement are delivered during the next three years. The total contract value is CAD 4.4 million.