Three Sweden selects Net Insight's time synchronization for 5G rollout

Stockholm, Sweden - Mobile operator Three Sweden ( Three') has selected Net Insight for synchronizing its 5G network. The companies have worked in close cooperation and after extensive field evaluation of Net Insight's 5G time sync solution, Three has placed an initial order for Nimbra Time Nodes.

Time synchronization is mission critical for Three's 5G rollout and Three and Net Insight have the intention to enter into a frame agreement for a broader rollout in Three's mobile network. This is further validation of the competitiveness of Net Insight's 5G time synchronization technology to distribute time over existing networks, reducing costs and complexity in Three's 5G rollout.

Net Insight's solution offers unique advantages as an alternative to GPS synchronization thereby creating redundancy and securing the availability of our 5G network, says Per Stigenberg, CTO of Three. We have worked closely with Net Insight to verify the solution across our existing network and consider it a solid fit for Three's nationwide 5G synchronization.

Three is known for using new technology that improves efficiency and quality of services. We are proud that Three, with its extensive expertise and forward-looking approach to 5G and time synchronization, has selected us and we look forward to a continued close cooperation, says Crister Fritzson, CEO of Net Insight. Our mission is to enable faster and more secure 5G-rollouts for the world's mobile networks and offer an GPS-independent solution. This deal confirms our deep knowledge in precision timing technology.

The initial order value is approximately SEK 2 million and delivery of the Nimbra Time Nodes will take place in Q3, 2022.

For further information, please contact:

Crister Fritzson, CEO Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net

About Net Insight

Net Insight (Nasdaq: NETI B) provides the highest performing, most open video transport and media cloud technology for content providers as the industry standard for flexibility and service across live contribution, distribution and remote production media workflows.

For over 25 years, the world's leading content owners, broadcasters, production companies, service providers and enterprises have trusted Net Insight's Emmy Award winning Nimbra technology to guarantee media delivery. Today, Net Insight partners with hundreds of customers in over 70 countries to ensure media flows across managed and unmanaged IP networks, and the cloud - from anywhere, to everywhere. It enables customers to get the best from any mix of virtualized, cloud and IP technology and is as the only platform to support all the major industry standards, protocols and clouds.

For more information, please visit netinsight.net

Twitter: @NetInsight, twitter.com/NetInsight

LinkedIn: @Net Insight, www.linkedin.com/company/net-insight/

About Three Sweden

For more information, please visit www.tre.se

This information is information that Net Insight is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2022-06-30 14:25 CEST.

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Three Sweden selects Net Insight's time synchronization for 5G rollout

June 30th, 2022|

LINK:	https://netinsight.net/mfn_news_en/three-sweden-selects-net-insights-t...
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