Telecom equipment maker Sterlite Technologies Ltd (STL)has won orders worth $100 million in West Asia and Africa to build network and infrastructure for 5G wireless service in the two regions
The first order is from a leading telco in the United Arab Emirates to advance the latter’s 5G, 4G and fibre network and infrastructure, including ons-hore logistics and warehousing, using the Opticonn solution, according to a Sterlite statement. A telecom company in north Africa placed the second contract to deploy Sterlite’s digital billing solutions for its 7 million users. Sterlite did not name the two customers.
The new orders have grown Sterlite’s order book to a record about ?11,300 crore, the company said, adding the orders have also enabled it to boost its partnership with top telcos in West Asia and Africa.
“Since mid-2020, tier-1 MEA (Middle East and Africa) telcos are investing heavily in building digital networks. STL has been expanding its presence in the region with its fully 5G-ready Opticonn and software solutions," it said.
“STL is building solutions to empower its customers in the MEA region for optical connectivity and network software, enabling FTTH (fibre to the home) and 5G deployments," said Sandeep Girotra, global sales head, Sterlite Technologies. Though the company is traditionally a maker of fixed-line equipment it began focusing on wireless solutions to capitalize on the 5G opportunity.