logo-loader
viewMTI Wireless Edge Limited

Full interview: MTI Wireless Edge sees big opportunities for its antenna business and 'world-class' 5G solution

MTI Wireless Edge Limited (LON:MWE) chief executive Moni Borovitz speaks to Proactive London's Andrew Scott soon after the release of its interim results.

Revenues rose 12% to US$19.1mln in the six months ended 30 June (H1 18: US$17.1mln), while pre-tax profits shot up to US$1.43mln (H1 18: US$0.86mln).

Borovitz says one of the big things he's looking forward to for the remainder of 2019 is opportunities in the antenna industry and the applications for their 'world-class' 5G solution which is currently undergoing a number of trials with top manufacturers.

Quick facts: MTI Wireless Edge Limited

Price: 36.5 GBX

AIM:MWE
Market: AIM
Market Cap: £32.08 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Electric vehicle sales to accelerate following coronavirus pandemic

Roskill analyst Jose Lazuen tells Proactive London's Andrew Scott severe falls were expected in EV sales but that European and Chinese policies coupled with consumer preferences have shown them to remain strong. He adds that policy is going to favour and push EV sales in certain jurisdictions...

1 day, 1 hour ago

2 min read