I am very happy to announce the newest member of our Global Partner Program - Singapore headquartered ST Engineering (STE). Our CEO, Rajeev Suri and Ravinder SINGH, President, ST Engineering were present for the signing of the Channel Partner Agreement that will see our two companies jointly addressing opportunities in the fast-growing Asia Pacific enterprise market.
While we have been working with STE since 2015 with concrete successes in the IP and Optics domain in Singapore and Taiwan, the new partnership will extend this working relationship further. ST Engineering will now gain access to many more solutions from Nokia's portfolio such as wireless broadband, the emerging 5G and IoT as well as last mile and analytics solutions. Nokia will also upsell ST Engineering' VSAT and network security solutions across a broad range of global projects. The partnership will cover the dynamic markets of Singapore, Malaysia, Thailand, Vietnam, Philippines, Indonesia, Taiwan, Australia and New Zealand.
The Global Partner Program has become a key go-to-market route for us to explore and leverage opportunities in the enterprise and public sector spaces. As a leading electronics turnkey system provider in rail and transportation systems, intelligent building management systems, as well as services for defence system integration, maintenance and operation, STE as an ideal industrial partner for Nokia and will open many new opportunities for us.
We are looking forward to growing with them as we capitalize on the fast-rising areas of fixed and wireless broadband connectivity, analytics and automation across the transportation, energy and public sectors in the APAC region.
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