[Edaily Reporter Kim Hyung-il ] Network equipment specialist DAVOLINK(340360)announced on the 10th that it has signed a contract with Forelink to supply access points (APs) worth 7.0246 billion won for a public Wi-Fi project on buses.

The contract amount represents 11.11% of the company’s consolidated revenue for last year (63,202,010,000 won). The contract period runs from today through September 29, and the equipment will be supplied to buses nationwide. Spare parts included in the total order are scheduled to be delivered by the end of December.

DAVOLINK is a company that develops and supplies wired and wireless network equipment, such as Wi-Fi access points (APs) and gateways, and engages in network infrastructure construction projects for telecommunications carriers and public institutions. Under this contract, the company will supply APs to be used in the deployment of public Wi-Fi on buses.

The contract will be executed on an outsourced production basis, with no contract deposit or advance payment required. Payment will be made within 15 days of the prime contractor receiving cash.

DAVOLINK stated that the contract amount does not include value-added tax (VAT) and that both the contract amount and the contract period are subject to change depending on the progress of the project.