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STL pushes forward on the Optical Connectivity business, hires industry leaders

STL pushes forward on the Optical Connectivity business, hires industry leaders

Mumbai, India

STL [NSE: STLTECH], a leading optical and digital solutions company, today announced that it is well poised to cater to the demand for Optical Connectivity products and has appointed industry leaders to drive its growth ambition.

STL, with over 30 years of Optical expertise, is one of the very few players to have end-to-end capability across the fibre value chain, starting with glass preform, fibre, cables and finally, Optical Connectivity solutions. STL acquired Optotec in Italy in 2020 and has fully integrated optical connectivity products and design engineering capabilities into its Optical Business. It now creates customised, scalable connectivity solutions to de-skill field installations and speed up the fibre deployment process

Though the total addressable market for Optical Connectivity is ~US 10 Bn, there are many installation challenges, including product customisation in accordance with the region’s requirement, product development speed and time-to-market. STL is well poised to address this with its established design and innovation centres having top talents across  India, North America and Europe. These solutions have found tremendous success with the top service providers across these regions. To further strengthen its position, STL has hired two people in key leadership roles – David De Craemer as the Business Head and Tomasz Bednarczyk as the global R&D Head for the Optical Connectivity business.

David De Craemer brings over 25 years of industry experience working with the likes of TE Connectivity and CommScope. Discussing his vision for STL, David said: “I am excited about the opportunity and look forward to leveraging my strength and capabilities to co-create sustainable growth for the company, creating superior value for our customers.”

 

Tomasz Bednarczyk has worked for 18 years at Corning in various R&D, Finance and PLM domains. Excited at this opportunity, Tomasz said: “I have the privilege of leading an agile, motivated and customer-oriented team that is relentlessly working towards providing its customers with best-in-class technology. We commit to investing in the innovation process while keeping environmental sustainability as a top priority.”

 

Paul Atkinson, CEO of Optical Networking Business, STL, warmly welcomed David and Tomasz, acknowledging their invaluable expertise and experience. He said: “Their arrival is sure to enhance our Connectivity business, fostering innovation and growth  and creating impact for our customers.”

STL believes these new additions would further strengthen the leadership team comprising Binod Balachandran, Sam Leeman, and Ryan Chappell and would pivot the company to be one of the top three global optical players. 

About STL – Sterlite Technologies Ltd:

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Read more, Contact us, stl.tech | Twitter | LinkedIn| YouTube

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’.

Read more, Contact us. stl.tech | Twitter | LinkedIn | YouTube

For more information, contact:

Media Relations Investor Relations
Soumi Das Chetan Wani
Phone: +91 7028466673 Phone: +91 9712975633
soumi.das1@stl.tech investor@stl.tech