India-based Sterlite Technologies Ltd. (STL), a large integrator of digital networks, announced recently new deals and extensions to current engagements with leading telcos in the Middle East and Africa region (MEA).
The deals worth more than $100 million exhibit the company’s focus on building future-ready digital networks in the region.
Since mid-2020, Tier 1 MEA telcos are investing heavily in building digital networks. STL has been expanding its presence in the region with their fully 5G ready Opticonn and Software Solutions. STL’s end-to-end solutions enables customers to build 5G hyperscale networks at a fast pace with lower long-term Total Cost of Ownership (TCO), according to STL.
These multi-year, multi-million-dollar deals range from optical connectivity solutions to network solutions.
One large scale deal is with a leading telco in the UAE to advance its 5G, 4G and FTTx network infrastructure through STL’s Opticonn Solutions, including onshore logistics and warehousing. Another multi-million-dollar digital transformation partnership has been formed with the leading telecommunications group in North Africa.
This telco will deploy STL’s digital billing solutions to 7 million subscribers across the region. With these deals across the Middle East and Africa. These deals helped to leverage STL’s order book into the $100 million range for the MENA the region.
“STL is building solutions to empower its customers in the MEA region for optical connectivity and network software, enabling FTTH and 5G deployments,” Sandeep Girotra, Global Sales Head, STL, said while speaking of the deals.
He added, “We are proud to be a part of the progress of the Middle East and Africa. With our deep technology expertise and growing talent base, we will continue to deliver on the full potential of digital networks, providing enhanced experiences to consumers and businesses alike.”
About STL – Sterlite Technologies Ltd
The company’s fully 5G ready digital network solutions help telcos, cloud companies, citizen networks and large enterprises deliver enhanced experiences to their customers. STL provides integrated 5G ready end-to-end solutions ranging from wired to wireless, design to deployment, connectivity to compute through core capabilities in Optical Interconnect, Virtualised Access Solutions, Network Software and System Integration.