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STL wins ~INR 250 crore deal for building Indian telecom operator’s optical network

STL wins ~INR 250 crore deal for building Indian telecom operator’s optical network

Mumbai, India

STL [NSE: STLTECH], an integrator of digital networks, today announced a deal with one of India’s leading telecom operators. Pursuant to this arrangement, STL seeks to fulfil the telecom operator’s requirement for setting up a high-performance, modern communication network in India. STL, already a leading network modernisation partner for the telecom player, further strengthens its relationship with the telco with this deal. With this multi-year deal, worth ~INR 250 crore, STL aims to provide specialised optical fibres and deployment services to build the service provider’s network across 9 telecom circles, pan India.

As India’s data demand grows, dense fiberisation is the need of the hour. This is being driven by investments in 5G, FTTH, data centres and next-gen digital networks by private telcos. STL, with its combined capabilities in optical fibres, network design and deployment services and programmatic network management, is uniquely positioned to deliver significant value. In this nationwide project, STL intends to provide a pre-integrated suite of optical fibre cables comprising Armored, Duct and Universal cables complying with varied deployment scenarios and integration services with its unique end-to-end deployment methodology. These optical fibre cables are a suitable choice for direct burial and duct installations. The design with Polyethylene outer jacket and unbonded steel tape promotes ease of installation and provides protection against rodents along with improved crush and impact resistance. STL’s optical connectivity solutions seek to enable the service provider to deliver a world-class customer experience through enhanced scalability, reduced latency, and improved bandwidth. The densely fiberised network is also expected to form the foundation for many next-gen services such as 5G, FTTH, IoT, enterprise networks, and Industry 4.0.

Commenting on this collaboration, Praveen Cherian, CEO, of STL Global Services, said: “STL and the telecom service provider have been long-term partners in the optical connectivity space. In this project, STL will collaborate with the service provider to develop and build a competent network for India. Through our solution, we will provide a 5G-ready and high-capacity network which is expected to enable the service provider to provide faster delivery of new services with enhanced user experience in East, South and North regions.”

About STL – Sterlite Technologies Ltd:

STL is an integrator of digital networks providing All-in 5G solutions. Our capabilities across optical networking, services, software, and wireless connectivity place us amongst the top optical players in the world. These capabilities are built on converged architectures, which aim for telcos, cloud companies, citizen networks, and large enterprises to deliver next-gen experiences to their customers. STL collaborates with service providers globally to achieve a green and sustainable digital future aligned with UN SDG goals.
STL has a presence in India, Italy, the UK, the US, China and Brazil. Read more, Contact us.

A leading optical and digital solutions company.

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. The company, driven by its purpose of ‘Transforming Billions of Lives by Connecting the World’, designs and manufactures in 4 continents with customers in more than 100 countries. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in Optical Connectivity, Global Services, and Digital and Technology solutions to build ubiquitous and future-ready digital networks. STL’s business goals are driven by customer-centricity, R&D and sustainability. Championing sustainable manufacturing, the company has committed to achieve Net Zero emissions by 2030. With top talent from 30+ nationalities, STL has earned numerous ‘Great Place to Work’ awards and been voted as the ‘Best Organisation for Women’.

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For more information, contact:

Media RelationsAgency ContactInvestor Relations
Shaily SinhaIshita KaushikChetan Wani
Phone: +91 8527658766Phone: +91 9315981700Phone: +91 2230450450
shaily.sinha@stl.techishita.kaushik@2020msl.cominvestor@stl.tech