STL bags $100-mn 5G deals in MEA region

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.