CyanConnode shares rise on new IntelliSmart order

CyanConnode Holdings PLC shares were up on Monday morning, after the company said it has won a new order that will enhance its footprint in the subcontinent.

CyanConnode is a Cambridge, England-based developer of narrowband radio frequency mesh networks. Its shares were up 2.4% to 7.94 pence each in London on Monday morning.

CyanConnode said it has received an order for 265,331 of its Omnimesh Modules from Madhyanchal One Infrastructure Private Ltd, a subsidiary of New Delhi-based IntelliSmart Infrastructure Private Ltd.

CyanConnode Holdings plc (LON:CYAN) is a world leader in the design and development of Narrowband RF mesh networks that enable Omni Internet of Things (IoT) communications. 

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