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Sterlite Technologies to buy Elitecore
2015-09-23 09:36:00| Telecompaper Headlines
(Telecompaper) Sterlite Technologies has agreed to buy OSS/BSS provider Elitecore from a fund of the Carlyle Group for INR 1.8 billion cash. The takeover by India-based Sterlite follows Elitecore's expansion in Asian markets in recent years, as well as the Middle East & Africa and more lately Eastern Europe and Latin America. The profitable company is expected to generate revenues of INR 1.5 billion this year and EBITDA of INR 160 million. The deal expands Strelite's portfolio from optical products and systems intergration into software for operations support, business support and revenue management. Sterlite expects to close the deal soon, pending regulatory approvals, and sees the takeover adding to earnings from 2017.
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Elitecore Wi-Fi SMP Deployed by Indian Telco
2013-08-06 06:00:00| Industrial Newsroom - All News for Today
MUMBAI, India and DUBAI, UAE – Elitecore Technologies' Wi-Fi Service Management (SMP) platform has been deployed by one of the largest Indian telecom operators. The SMP enables the telco to roll out its Wi-Fi services and seamlessly connect with 2.5G and 3G subscribers across major metros in India, offering both Wi-Fi access and mobile data offload solution to optimize its existing networks.<br /> <br /> As part of their heterogeneous network strategy, the operator would be able to offer ...This story is related to the following:Computer Hardware and PeripheralsSearch for suppliers of: Network Devices | Wireless Communication Systems | Communication Networks
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