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Cyient to acquire Portugal-based Celfinet for about Rs 340 crore

IT solutions provider Cyient will acquire Portugal-based wireless engineering services firm Celfinet for 41 million euro about Rs 340 crore in an all-cash deal, the Hyderabad-headquartered company said on Monday. With this acquisition, Cyient aims to strengthen its wireless engineering practice to support communication service providers CSPs and enterprises in deploying their networks at scale.
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Cyient to acquire Portugal-based Celfinet for about Rs 340 crore - Jammu Kashmir Latest News | Tourism

New Delhi, June 6: IT solutions provider Cyient will acquire Portugal-based wireless engineering services firm Celfinet for 41 million euro (about Rs 340 crore) in an all-cash deal, the Hyderabad-headquartered company said on Monday. With this acquisition, Cyient aims to strengthen its wireless engineering practice to support communication service providers (CSPs) and enterprises in deploying their networks at scale. Cyient will pay 65 per cent of the deal amount upfront and the remaining 35 per...
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Cyient to Acquire Portugal-Based Celfinet to Strengthen its Wireless Communications Offerings

HYDERABAD, India, June 6, 2022 /PRNewswire/ -- Cyient, a leading consulting-led, industry-centric, global Technology Solutions company, today announced that it had signed definitive agreements to acquire Celfinet. An international Wireless Engineering Services company, Celfinet, is focused on providing end-to-end Network Planning and Performance Optimization services. Cyient will acquire the Portugal-based company for EURO 41 Million. The reach and...
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Business News | STL Launches Firebird - a Fleet of Radios for 5G Wide Area Coverage

Get latest articles and stories on Business at LatestLY. STL (NSE: STLTECH), an industry-leading integrator of digital networks, today announced the launch of Firebird, a path-breaking line of ORAN-based macro radios for dense, wide-area 5G coverage. The announcement was made at Mobile World Congress 2022, Barcelona, where the company showcased its All-In 5G solutions. Business News | STL Launches Firebird - a Fleet of Radios for 5G Wide Area Coverage.
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STL launches Firebird - a fleet of radios for 5G wide area coverage

BARCELONA, Spain, March 2, 2022 /PRNewswire/ -- STL (NSE: STLTECH), an industry-leading integrator of digital networks, today announced the launch of Firebird, a path-breaking line of ORAN-based macro radios for dense, wide area 5G coverage. The announcement was made at Mobile World Congress 2022, Barcelona, where the company showcased its All-In 5G solutions. STL Firebird is a portfolio...
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