Redeye: TH1NG - Divests its broadband customers
On Friday, TH1NG announced the divestment of its broadband customers to Bahnhof. While we would have preferred to see a slightly higher price tag, we view the divestment positively as it enhances TH1NG’s cash position and gross margin as well as reinforces its focus on the IoT business.
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This is a press release from Redeye - Research Powered Investment Banking. www.redeye.se/