Press release titled "L&T Technology Services wins ~$60 million software engineering engagement from US Tier-I Telecom Provider"
LTTS · price
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L&T Technology Services (LTTS) has signed a multi-year agreement worth approximately $60 million with a leading US-based wireless telecom services provider. Under the deal, LTTS will deliver network software development, application engineering, R&D lab integration, new product development, and functionality testing for the client's network software automation platforms. LTTS will also set up a dedicated delivery center in the United States to support the engagement. The company highlighted that the win builds on a decade-long partnership with the client and plans to expand into AI-powered test automation in future phases.
This is a sizeable order that strengthens LTTS's Tech segment pipeline and reinforces its foothold in the US telecom market. As $60 million represents a notable share of annual revenue, the deal should support revenue visibility and margin profile over the multi-year contract period, likely viewed positively by investors.