GigaLane cuts supply contract value to KRW 3.62 billion after customer delivery change

Bitget2026/09/30 07:14

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GigaLane corrected its Papua New Guinea telecom equipment supply contract with Paralle Wireless following a customer request.
Contract value cut to KRW 3.62 billion from KRW 3.75 billion; disclosed as USD 2,457,644 at KRW 1,472.60 per USD.
Contract period extended, with the end date moved to Dec. 31, 2026 from Sept. 30, 2026.
Revenue exposure revised to 9.0% from 9.3%, based on 2025 consolidated sales of KRW 40.33 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GigaLane Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20260930900617), on September 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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GigaLane cuts supply contract value to KRW 3.62 billion after customer delivery change

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