Since mid-2020, Tier 1 MEA telcos are investing heavily in building digital networks. STL 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.
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. 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. With these deals across the Middle East and Africa, STL has built an Order Book of over $100 million in the region.
Powered by Capital Market - Live News