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vantagefeed.com > Blog > Business > LTTS wins $50 million contract from global network provider
LTTS wins  million contract from global network provider
Business

LTTS wins $50 million contract from global network provider

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Last updated: December 4, 2024 6:38 am
Vantage Feed Published December 4, 2024
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L&T Technology Services Limited has signed a multi-year agreement estimated at $50 million with the global network solutions company. As part of this agreement, we will provide product integration services in North America to ensure support for customers across the region.

LTTS said this will enable the company to support its customers’ network solutions. Leverage the power of AI and automation frameworks for project deployment and execution.

“This strategic initiative is a significant milestone for LTTS, marking our first major breakthrough in the global market by leveraging the deep expertise of our Smart World & Communications (SWC) division in managing communications networks. By integrating our GLOCAL service model, state-of-the-art automation, and AI-driven frameworks, we deliver value and reliability to our customers, which helps us further enhance our partnerships with our clients.” , CEO of L&T Technology Services said Amit Chadha, Managing Director.

The partnership combines LTTS’ expertise in engineering and research and development services with the client’s wireless networking solutions. Additionally, the companies aim to provide secure LTE and 5G private networks to the entire industry. The company said the partnership positions it for future 5G advancements based on 3GPP standards while addressing current market demands.

The company’s shares were trading 0.070% lower at 5,312.85 pounds at 11am.

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Published December 4, 2024

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