Netmore Group AB (publ) delivers mobile coverage to Lundbergs Fastigheter AB, order value approximately SEK 1 million

Netmore delivers mobile coverage to Lundbergs properties in collaboration with Lundgrens El in Norrköping AB, who will manage the installations in the properties. Netmore’s share of the order value amounts to approximately SEK 1 million. Netmore is responsible for the delivery of the system and Lundgren’s electricity is the contractor for all electrical work in the project.

The order consists of a fiber-based repeater system for Lundberg’s properties, in the new area Elitseglaren in Linköping. The area is newly built and consists of 374 apartments. The residents will thus receive stable mobile coverage both in the apartments and in all public areas.

“Collaborating with Lundgren’s Electricity is a guarantee of good quality, we look forward to providing Lundberg’s properties and their tenants with satisfactory mobile coverage. It is very exciting that our solution for creating private networks continues to grow. That property owners and its tenants should have good coverage in their properties is a matter of course and we will continue to build WiFi and strengthen existing networks. In parallel, we are also preparing to build private 5G networks in Sweden as well” says Mats Ragnarsson, Netmore AB

“When we at Lundgrens El i Norrköping AB got the assignment from Lundbergs Fastigheter AB to help with the installation of improved mobile coverage indoors, our choice of supplier was easy. Netmore Group AB has been a partner in previous projects, with excellent service and knowledge.” Says Johan Stolth, Lundgrens El I Norrköping AB

For more information,

Mats Ragnarsson, Netmore AB, mats.ragnarsson@netmoregroup.com

Johan Stolth, Lundgrens El, johan.stolth@lundgrensel.se

Netmore Group AB is an IoT operator that develops a comprehensive solution for cities, industries, properties and homes. Together with our partners we build a safe and sustainable ecosystem for Internet of Things, locally, nationally and global. Netmore Group was formed in 2010 and since 2017 listed on the Nasdaq First North Growth Market. G&W Fondkommission is the Company’s Certified Adviser regarding the listing at Nasdaq First North Growth Market. Tel: 08-503 000 50, e-mail: ca@gwkapital.se