Sterlite bags $100 million deals in the Middle East and Africa

Digital Networks integrator Sterlite Technologies earlier this week announced that it had bagged new deals and extensions with current engagement with leading telecos in the Midle East and Africa (MEA) region. STL has bagged deals worth more than $100 million taking the company’s order book to a record high of Rs 11,300 crores.

STL has been expanding its presence in the MEA with its fully 5G ready Opticonn and Software solutions. The 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). STL’s multi-year and multi-million deals vary from optical connectivity solutions to network solutions.

As part of the multi-million deals, STL will advance the 4G, 5G, and FTTX network infrastructure of a leading UAE teleco through its Opticonn solutions including onshore logistics and warehousing. Another multi-million deal involves a leading North Africa teleco which will deploy STL’s billing solutions to 7 million subscribers across 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. 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.”

Sandeep Girotra, Global Sales Head, STL,