Veea, ICT Partner to Bolster Connectivity in Remote Mining Regions

MT Newswires Live

2024/10/17

Veea (VEEA) partnered with Jakarta-based Inti Cakrawala Teknologi to provide wireless connectivity and asset-tracking services for ICT's mining and energy clients in Indonesia and Southeast Asia.

The first live installation is expected to start Sunday, New York-based Veea said Thursday in a statement.

Veea's network solution provide companies with the connectivity and internet infrastructure needed to operate in a remote environment, according to the statement.

Financial details weren't disclosed.

Shares of Veea jumped 28% in recent Thursday trading.

Price: 4.7150, Change: +1.0350, Percent Change: +28.1250

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