Genex Infosys Limited has signed an agreement with Edotco Bangladesh Co Ltd to provide the multinational telecom tower company with a 360-degree security solution service.
The board of Genex Infosys has already approved the agreement.
Under the three-year agreement, Genex Infosys will provide 360-degree IoT (Internet of Things) based security solutions such as monitoring and theft protection.
The Genex Infosys management expects to generate approximately Tk24 crore in revenue per year upon the full rollout.
On 27 May this year, the company decided to invest in a new venture of the telecom infrastructure business. Genex Infosys will hold 75% equity in the new venture – Genex Infrastructure Limited.
Now the company is also engaged in call centre service, website development, marketing of software products, and providing maintenance and support services to both domestic and international clients.