Telecom equipment maker, Sterlite Technologies Ltd (STL), announced major new deals and extensions to current engagement with leading telcos in the Middle East and Africa region (MEA), worth $100 million
With the contracts, a leading Telco in the UAE will advance its 5G, 4G and FTTx network infrastructure through STL’s Opticonn Solutions, including onshore logistics and warehousing, according to the statement. The second multi-million dollar digital transformation partnership is with a leading telecommunications group in North Africa who will deploy STL’s digital billing solutions to 7 million subscribers across the region.
Commenting on the deals, Sandeep Girotra, Global Sales Head, STL, said, “STL is building solutions to empower its customers in the MEA region for optical connectivity and network software, enabling FTTH and 5G deployments. We are proud to be a part of the progress of the Middle East and Africa.”
STL has been expanding its presence in the region with their fully 5G ready Opticonn and Software Solutions as Tier 1 MEA telcos are investing heavily in building digital networks since mid-2020.
These multi-year, multi-million dollar deals range from optical connectivity solutions to network solutions.