The company said the new project valued at approximately Rs 250 million constitutes Phase 3 of the program for the supply of multiservice multiplexers
ISLAMABAD: Supernet Limited (Supernet) announced today that they, in conjunction with their Australian technology partner Avara Technologies Pty Ltd (Avara) have been awarded a new project within a long-term program that they were awarded in 2021 by a major Pakistani customer in May 2021.
According to a statement here on Wednesday, the company said the new project valued at approximately Rs 250 million constitutes Phase 3 of the program for the supply of multiservice multiplexers and associated operations, maintenance, warranty and support services.
Supernet, a subsidiary of Telecard Limited, up for an initial public offering, is targeting to serve national, as well as international cyber-security needs.
Speaking about the upcoming initial public offering, the Supernet CEO had told media few days back, “we have applied to Pakistan Stock Exchange (PSX) for listing of 100 per cent shares of the company and the application is in advance stage of the whole process.
The board of directors of Telecard Limited authorized the company to explore the option for listing of its 100 percent owned subsidiary Supernet Limited
The program includes establishment of a repair facility in Pakistan and transfer of knowledge through an expansive training program enabling in-country engineers and technicians to rectify faults throughout the equipment’s lifecycle.
Avara’s DynaFlex product family is a flexible, fully featured, access multiplexer with powerful cross-connect and protection capabilities.
With the ability to handle a wide range of interfaces like POTS, SCADA, Ethernet, Serial Data and Tele-Protection, the DynaFlex platform is an ideal choice for transporting mission critical TDM services over PDH, SDH, Ethernet or MPLS-TP packet-based interfaces.
DynaFlex offers a broad range of hot pluggable channel cards to complement a range of physical interfaces in a modular manner.
In 2021 Supernet and Avara successfully delivered in time the first batch of DynaFlex multiplexers under Phase 1 of the program despite supply chain and logistics challenges due to the COVID-19 pandemic.
The delivery for Phase 2 is under implementation with the newly awarded Phase 3 expected to reach completion towards the tail end of 2022.
Ali Akhtar. Supernet’s Head of BU, Telecoms & Defense and Lasha Aponso, CEO, Avara jointly stated, “This is a major triumph for us right at the start of 2022 and we are thrilled to have been awarded this new project. It reaffirms the trust and satisfaction of the customers in our products and services.
On the back of this victory, we’re charging full steam ahead with our plans to expand business in Pakistan.”