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Sterlite Technologies to sell its telecom product software biz

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Capital Market

To Skyvera LLC

Sterlite Technologies announced that the company ) has signed an agreement and will sell its Telecom Product Software business via business transfer agreement by way of slump sale as a going concern to Skyvera through its Indian subsidiary.

Skyvera LLC, an affiliate of TelcoDR, which is a US Headquartered global acquirer of telecommunication software businesses that operates and transforms the telco software companies, by providing support, product innovation, and a path for leveraging the power of the public cloud.

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First Published: Feb 01 2023 | 10:17 AM IST

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