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MarketScreener Homepage  >  Equities  >  Tokyo  >  NEC Corp    6701   JP3733000008

NEC CORP

(6701)
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NEC : provides Traffic Management Solution to Serbia's largest mobile telecommunications carrier

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02/11/2019 | 08:10pm EDT

Tokyo, February 12, 2019 - NEC Corporation (NEC; TSE: 6701) today announced the provision of an advanced Traffic Management Solution (TMS) for Telekom Srbija, Serbia's largest mobile operator. This system, which enables a high-level of data communications traffic control and improves the quality of experience (QoE) for users, is scheduled to begin operating in May 2019 and will be supplied through Mobycore, a Serbia-based system integrator.

In recent years, the popularization of smartphones and 4G services in Serbia has resulted in a rapid increase of data communications demand, which puts focus on QoE, including the speed of access to websites and the quality of video play.

In order to address this, Telekom Srbija verified NEC's TMS in a commercial service environment in 2018, and decided to adopt the system based on the results.

TMS systems include the ability to apply optimum communication parameters depending on network characteristics and traffic conditions, as well as the ability to control re-transmissions due to packet loss.

'By introducing the TMS, we will further improve throughput in dense areas and during times of heavy traffic, thereby guaranteeing the best experience for content downloads and video play,' said Filip Bankovic, CTO of Telekom Srbija.

Looking ahead, as 5G builds greater market penetration in the future, NEC will contribute to strengthening Telekom Srbija's competitiveness by offering solutions that enhance network security using TMS, as well as solutions that improve operational efficiency and service quality through traffic analysis using artificial intelligence (AI).

NEC is focused on the Social Solutions Business, and will continue to strengthen its TMS, which is used by more than 20 telecommunications carriers globally, thereby contributing to the improvement of the overall user experience and the efficient operation of networks.

***

About NEC Corporation
NEC Corporation is a leader in the integration of IT and network technologies that benefit businesses and people around the world. The NEC Group globally provides 'Solutions for Society' that promote the safety, security efficiency and fairness of society. Under the company's corporate message of 'Orchestrating a brighter world,' NEC aims to help solve a wide range of challenging issues and to create new social value for the changing world of tomorrow. For more information, visit NEC at https://www.nec.com.

LinkedIn: https://www.linkedin.com/company/nec/
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NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. ©2019 NEC Corporation.

Disclaimer

NEC Corporation published this content on 12 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 February 2019 01:09:00 UTC

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Financials (JPY)
Sales 2019 2 886 B
EBIT 2019 -
Net income 2019 41 176 M
Debt 2019 290 B
Yield 2019 1,22%
P/E ratio 2019 23,96
P/E ratio 2020 13,64
EV / Sales 2019 0,44x
EV / Sales 2020 0,40x
Capitalization 979 B
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Mean consensus HOLD
Number of Analysts 8
Average target price 3 636  JPY
Spread / Average Target -3,3%
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Managers
NameTitle
Takashi Niino Executive President, CEO & Representative Director
Nobuhiro Endo Chairman
Katsumi Emura Director & Chief Technology Officer
Takeshi Kunibe Outside Director
Hitoshi Ogita Independent Outside Director
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