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Technology: LTTS wins $50m North American deal

Fiinews by Fiinews
December 7, 2024
in Technology
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GLOCAL to deliver value and reliability to our customer

L&T Technology Services Limited (BSE: 540115, NSE: LTTS) has secured an estimated US$50 million agreement to provide Product Integration Services in North America to a global network solutions firm, ensuring seamless deployment and support for customers across the region.

The multi-year agreement will enable the company to provide comprehensive support for the client’s advanced networking solutions, ensuring seamless integration and success for customers across the region https://www.bseindia.com/.

LTTS will leverage its capabilities in AI and automation frameworks for the project deployment and execution https://www.nseindia.com/.

The partnership combines LTTS’ deep expertise in engineering and R&D services with the client’s cutting-edge wireless networking solutions. Additionally, the companies aim to offer secure LTE and 5G private networks across industries, unlocking new opportunities and enabling future-ready operations. The partnership will address current market demands while positioning itself for upcoming 5G advancements under 3GPP standards.

“This strategic engagement represents a significant milestone for LTTS, marking our first sizable breakthrough in global markets by leveraging the deep expertise of our Smart World & Communication (SWC) division in managing communication networks,” said Amit Chadha, CEO & Managing Director, L&T Technology Services https://fieo.org/.

“By integrating a GLOCAL services model, cutting-edge automation and AI-driven frameworks, we will deliver value and reliability to our customer. This will help us elevate our partnership with the client further,” he said on 3 Dec 2024. fiinews.com

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