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Harshal Parmar

28th Jul 2025 · SEBI-Registered Analyst

L&T Technology Bags $60 M Multi-Year Contract with Leading US Wireless Provider

LTTS
Order Overview Contract value: USD 60 million (approximately ₹510 crore) Type: Multi-year software engineering engagement Client: Leading US-based wireless telecommunications services provider2 Scope of Work Advanced network software development and application engineering R&D lab integration for the client’s network automation platforms New product development and functionality testing Establishment of a dedicated delivery center in the United States to support ongoing project delivery3 Strategic Elements Leverages LTTS’s Smart World Connectivity and next-generation network expertise Plans to integrate AI-powered test automation platforms to streamline product development and boost operational efficiency Strengthens LTTS’s footprint in North America, its largest revenue market3 Management Commentary Amit Chadha, CEO & Managing Director, remarked that this engagement “reinforces our longstanding relationship and shared vision in next-generation communications, network automation, and AI”. Financial Markets Reaction LTTS shares closed down 1.92% at ₹4,217.70 on the announcement day Year-to-date, the stock was down about 10% at that point Timeline Agreement signed in late July 2025 Execution spans multiple years, with phased deliveries aligned to client’s product-launch roadmap Strategic Significance Deepens LTTS’s partnership with a Tier-I telecom leader Positions LTTS for follow-on work in 5G rollouts, network automation, and AI-driven testing Enhances the company’s delivery capabilities by anchoring resources in the client’s home market

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