# CyanConnode Holdings agreement for RF mesh communication technology in India

- Link: https://www.directorstalkinterviews.com/cyanconnode-holdings-agreement-for-rf-mesh-communication-technology-in-india/4121104296
- Published: 2023-02-06T07:10:28+00:00
- Author: Anthony Fox

**[CyanConnode Holdings](https://www.directorstalkinterviews.com/company/cyanconnode-holdings-plc/cyan.l)
plc** ([LON:CYAN](https://www.directorstalkinterviews.com/company/cyanconnode-holdings-plc/cyan.l)),
a world leader in narrowband radio frequency (RF) mesh networks, has announced that
it has entered into a definitive framework agreement with a key partner to supply
its advanced RF mesh communication technology in India. As a preferred partner, 
CyanConnode will provide 3 million smart meters together with Omnimesh RF modules,
Advanced Metering Infrastructure, Standards-Based Hardware, Omnimesh Head-End Software
and associated components, Perpetual License, design, installation, implementation,
integration, training and support & Maintenance Contract..

The Framework Agreement underpins directors’ confidence in the market expectations
for the financial year to 31 March 2024 and sets out the terms and conditions, including
pricing, for future orders placed by the key partner.

This partnership marks a crucial endorsement of CyanConnode’s expanding footprint
in India, with a robust pipeline of potential deals and current tenders amounting
to approximately 100 million smart meters. The partnership showcases the Company’s
continued growth and success, and has the potential to double its order book.

During the current financial year, CyanConnode has received orders for 2.3 million
Omnimesh modules, reflecting significant progress. This is compared to the previous
decade when it took almost ten years to win 1.3 million modules. The majority of
these 2.3 million modules are expected to be installed over the next two years. 
Additionally, CyanConnode’s pipeline of opportunities and partnerships have significantly
grown during the current financial year and our conversion rate continues to improve.

> **John Cronin, Executive Chairman of CyanConnode, said:** “We are delighted to
> announce our selection as the preferred communications partner for the deployment
> of smart meters in India by a leading industry player. Our partnership will aim
> to establish a robust and efficient smart metering infrastructure in the country.
> We are committed to collaborating with our partner to drive innovation in the 
> industry and provide the benefits of smart metering to the people of India.”

Share on: