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Mitec Telecom sees rays of light despite $1.8M loss in Q2

Montreal's Mitec Telecom Inc., a maker of high-tech wireless and satellite network equipment, said Tuesday there ars signs that global demand for communications infrastructure products is picking up after the slowdown caused by the recession. Its military-based communications business, through a subsidiary acquired in 2008, continues to grow steadily, CEO Dan Piergentili added.

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