Building deep technology expertise for customers
STL (NSE: STLTECH), an industry-leading integrator of digital networks from Pune, has announced more than US$100 million worth of deals and extensions to current engagement with leading telcos in the Middle East and Africa region (MEA) as it builds solutions for customers.
“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.
“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,” assured Girotra.
Since mid-2020, Tier 1 MEA telcos are investing heavily in building digital networks, noted STL which has been expanding its presence in the region with their fully 5G ready Opticonn and Software Solutions.
STL’s unique end-to-end solutions enables customers to build 5G hyperscale networks at a fast pace with lower long-term Total Cost of Ownership (TCO). These multi-year, multi-million dollar deals range from optical connectivity solutions to network solutions.
The latest deals raised STL’s order book to a record high of ~Rs.11,300 crores, demonstrating the company’s unwavering focus on building future-ready digital networks in the region.
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, said STL in a release on 1 Mar 2021.
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.
STL believes in harnessing technology to create a world with next generation connected experiences that transform everyday living.
“We conduct fundamental research in next-generation network applications at our Centre of Excellence. STL has a strong global presence with next-gen optical preform, fibre, cable and interconnect subsystem manufacturing facilities in India, Italy, China and Brazil, along with two software-development center’s across India and one data Centre design facility in the UK,” said the company in the release. #technology #investment #projects #infrastructure #digital /fiinews.com
