Mangold Insight - Update on Wyld Networks

Mangold provides insight on Wyld Networks in the attached PDF.

Strong establishment ahead of launch 

Wyld has established eight new partnerships and generated a total orderbook value of approximetely MSEK 32 (excluding data revenue), corresponding to approximetely 92 000 Wyld Connect units. The order book is expected to be further increased prior to the launch later this year. Mangold had predicted that the launch of the full-scale satellite service would take place in September and has now postponed the expected launch to December. The costs were slightly higher than expected, which means that Mangold is upwardly revising the cost estimate for 2022 and beyond. 

Read full story here and download PDF.