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MTI Wireless Edge Limited

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: £0.30

Market: AIM
Market Cap: £26.23 m
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on 2/8/19

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