MSI to Boost SBS Transit's Railway Communication: Stock to Gain?

Motorola Solutions, Inc. (MSI) recently announced that it has inked a long-term service support agreement with Singapore's leading public transport operator SBS Transit. The contract, valued at S$14 million, will cover support and maintenance of SBS Transit's radio communication infrastructure at Downtown Line, Sengkang, and Punggol Light Rapid Transit system for 15 years. SBS Transit has relied on Motorola's TETRA radio system in its daily operations for the past decade. The recent venture signifies the co ...