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Redeye provides an update to Wyld Networks Q4 2022 report. The report contained no major surprises. However, it was an intense quarter with high business activity as Wyld launched its satellite IoT network service in late Q4 ´22. We have made minor adjustments to our forecast. However, a slightly lower WACC of 12.5% (13%) balances our downward short-term forecast revisions. We reiterate our fair value range with a Base Case of SEK23 per share.
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