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MPS Preview: High for Longer

TPLT awarded contract to develop GIS system for 5G services

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February 21, 2022 (MLN): TPL Trakker Limited (TPLT) has been awarded a contract by the Pakistan Telecom Authority (PTA) for the development of a web-based Geographical Information System (GIS) System for the planning and rollout of 5G services in Pakistan, the company’s filing on bourse said on Monday.

The solution will be developed utilizing TPL Maps’ location services platform which was launched in July 2020 and consists of over 6 million geocoded Points of Interests (PoIs) and over 600,000 KM of digitized road network making it Pakistan’s largest and only localized platform available commercially.

This will also allow TPLT to venture into the telecommunication market segment with its growing digital mapping solutions enhancing the sector’s existing planning and expansion capacities. It will also open up an additional revenue line for the company’s digital mapping business unit and is a further sign of market confidence in our commercial strategy to market maps, the notice said.

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Posted on: 2022-02-21T09:24:08+05:00

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