Global engineering services company L&T Technology has announced its partnership with the state-owned telecom operator Bharat Sanchar Nigam Limited (BSNL). This new partnership will drive and enable global enterprises in their private 5G network deployments. Both companies plan to co-innovate and jointly bring to market private 5G connectivity solutions to accelerate digital transformation for enterprises.
How the partnership will work<\/span>
According to the agreement framework signed by the companies, the spectrum will be provided by BSNL using both PLMN and isolated allotment. Meanwhile, L&T will anchor the private network requirements by deploying equipment, apps, servers, technology and software along with core for the integration of devices\/sensors within the customer\u2019s ecosystem.
This partnership marks L&T\u2019s foray into the 5G private network space, with LTTS assuming the role of a master system integrator for customers, offering a choice of technologies, equipment and use case buildout, while BSNL will be the official network provider.
5G\u2019s prospect in the coming years<\/span>
According to a report by IDC, the global private 5G market is expected to exceed $8 billion by 2026, with a compound annual growth rate of 35.7% from 2022. India is seeing an increased need for enterprises seeing the need for deploying a Non-Public Network (NPN) due to faster connection speed and lower latency.
As enterprise needs are becoming more focused on network modernisation for security, the push to adopt Captive Non-Public Networks or CNPN has increased. Enterprise 5G will support in unleashing the full potential of Augmented Reality, Virtual Reality, and the Internet of Things across healthcare, education, manufacturing and smart cities.
What the companies said about the partnership<\/span>
Amit Chadha, CEO and Managing Director, L&T Technology Services, said \u201cWe believe in partnerships that enable us to expand technology usage across industries in this Industry 4.0 era. 5G enabled <\/span>Private Enterprise Networks<\/span> today are a major step towards allowing such a transformation. We are excited to partner with BSNL across the various joint private networks and digitisation to support the growth of sustainable and smart spaces. This partnership is a perfect-fit offering to enterprises with complementary network & digital capabilities coming from both organisations.\u201d<\/span>
BSNL commented: \u201cThis strategic partnership with LTTS will allow us to support global organizations in their digital transformation endeavours. 5G is the next Big Enabler which can positively benefit the lives of millions of end-users and we expect rapid adoption of private networks across multiple use cases and major industries\u201d.<\/span><\/div>\n