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L&T’s unit inks partnership pact with Tele2

05 Nov 2014 Evaluate

L&T Technology Services, a unit of engineering conglomerate Larsen & Toubro (L&T), has entered into partnership with Europe-based telecom operator Tele2 to jointly develop solutions around Machine-to Machine and Internet of Things. Though, financial details of the tie-up were not disclosed.

This alliance will help L&T Technology Services’ and Tele2’s customers implement solutions that will reduce their ‘time-to-market’. Through this partnership, clients in transportation, mass transit and similar industries will be targeted initially.

Peers
Company Name CMP
Larsen & Toubro 3819.50
Kalpataru Projects 1390.30
NCC 135.00
Rail Vikas Nigam 197.10
KEC International 397.60
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