Nera Telecommunications Ltd has announced a significant contract renewal valued at approximately S$30m with a leading service provider in Southeast Asia. The renewed agreement will see the company implement a smart services training programme and deploy personnel across over 100 sites, aiming to empower enterprises in rural areas to leverage digital commerce opportunities for economic growth.
The contract, which includes a managed services component lasting 60 months, will cover the daily operations, management, and maintenance of the deployed infrastructure. This also involves continuous support and network performance monitoring to ensure adherence to the customer’s Service Level Agreements (SLAs).
The initiative is expected to positively impact NeraTel’s financial performance for the current year, as it strengthens the company’s role in driving digital empowerment in the region. The comprehensive programme is designed to provide rural enterprises with the tools and knowledge needed to compete in the digital marketplace, potentially accelerating economic development in these communities.
The Board of Directors expressed their satisfaction with the contract renewal, highlighting its importance in expanding NeraTel’s footprint in Southeast Asia and reinforcing its commitment to digital transformation. The company’s strategic focus on managed services and smart solutions aligns with the growing demand for digital infrastructure and services in the region.
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