Nera Telecommunications Ltd has announced the acquisition of multiple contracts valued at over S$15m from two leading service providers in Southeast Asia. These agreements aim to bolster digital commerce solutions in rural areas, contributing to economic development in the region.
The first contract involves renewing a frame agreement, which includes delivering smart services training programmes and deploying personnel across nearly 100 sites. This contract also features a 12-month managed services component, providing operational support, maintenance, and network performance monitoring through a Network Operations Centre (NOC).
The second contract comprises variation orders for similar smart services initiatives, extending the deployment of training programmes and personnel to more than 100 sites. This agreement includes a managed services component lasting up to 60 months, covering NOC support, operations, maintenance, and network performance monitoring.
These contracts are expected to positively impact Nera Telecommunications’ financial performance for the current year. The company’s efforts to support enterprises in rural communities align with broader economic development goals in Southeast Asia.
