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Thursday, 06/25/2020 9:37:20 AM

Thursday, June 25, 2020 9:37:20 AM

Post# of 14138
$IDEX (NASDAQ:IDEX)
Ideanomics MEG Announces the Official Launch of Its Energy Services Unit Through Deal with New Infrastructure Service Provider Giant, Zhongsen Tower
- Under the term the deal, MEG will own 30% of the venture which will establish Zhongsen Tower in Qingdao, making MEG its largest co-shareholder
- Entry into the 5G base station and energy infrastructure markets will generate reoccurring energy sales for MEG
- Deal positions MEG to derive both rental and energy sales revenue
https://investors.ideanomics.com/2020-06-25-Ideanomics-MEG-Announces-the-Official-Launch-of-Its-Energy-Services-Unit-Through-Deal-with-New-Infrastructure-Service-Provider-Giant-Zhongsen-Tower
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