You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Telekom Albania signs digital transformation deal with STL, Cognity

Telekom Albania signs digital transformation deal with STL, Cognity Telekom Albania/All Rights Reserved

TIRANA (Albania), December 19 (SeeNews) – Telekom Albania has signed a multi-year, multi-million dollar strategic digital transformation agreement with global data networks innovator STL, in partnership with European systems integrator Cognity, STL said on Thursday.

“Telekom Albania has chosen to overcome any legacy constraints by moving to a digital platform powered by STL, to be designed, deployed and managed by STL and Cognity over the next 7 years,” STL said in a press release

Albania’s telecommunications market is growing significantly and over 1.1 million subscribers are increasing mobile data demand, STL said, adding that STL and Cognity will deploy leading edge end-to-end open and modular software solutions from STL’s next-generation BSS/OSS portfolio.

“This will help Telekom Albania to centralize, automate and digitize operations across its mobile telephony, wireless broadband, landlines, mobile IPTV, for consumer and enterprise customers.”

“With STL’s business-value-driven approach focused on the customer experience, we will be able to bring a rich set of innovative new services and experiences to our customers, faster,” Telekom Albania CEO, Emil Georgakiev, said.

Telekom Albania has just acquired a licence on 800 MHz frequency for 7.5 million euro and is further going to invest in the most up-to-date technology for 4G/4G+ networks, STL said.

Bulgaria's Albania Telecom Invest completed the acquisition of Telekom Albania, held by Greece’s OTE Group for a total gross equity consideration of 50 million euro ($57.2 million), OTE said in May.

STL is a global leader in end-to-end data network solutions with strong global presence with next-gen optical preform, fibre and cable manufacturing facilities in India, Italy, China and Brazil, along with two software-development centres across India and one data centre design facility in the UK.

Cognity is a leading systems integrator focusing on digital transformation and enablement, with activity in Europe and Middle East and headquarters in Athens, London, Sofia, Bucharest and Cyprus.

($=0.89865 euro)