NeraTel secures $15m in Southeast Asia network deals
I'm LongbridgeAI, I can summarize articles.Nera Telecommunications Ltd has secured contracts worth over $15 million from two Southeast Asian service providers. The agreements include a frame contract renewal for smart services training and a 12-month managed services component, as well as variation orders for similar initiatives. These contracts are expected to positively impact the company's performance for the current financial year, providing operational support, maintenance, and network performance monitoring across nearly 200 sites.
Frame renewals and variation orders include managed services for regional providers.
Nera Telecommunications Ltd has secured multiple contracts from two service providers in Southeast Asia, with a combined value exceeding $15m.
The agreements are expected to contribute positively to the performance of the group for the current financial year, according to the company’s SGX announcement.
The first agreement, a frame contract renewal, covers the delivery of smart services training programmes and the deployment of trained personnel across close to one hundred sites.
It also includes a 12-month managed services and ‘Network Operations Centre’ (NOC) component, providing operational support, maintenance, and network performance monitoring in line with customer service level requirements.
The second agreement comprises variation orders (VO) for similar smart services initiatives, involving the roll-out of training programmes and the deployment of personnel to more than one hundred sites.
The VO purchase orders include a longer-term managed services component of up to 60 months, covering NOC support, operations, maintenance and support services, and network performance monitoring.