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STL reports ~INR 900 Cr orders in FY24 from fiberisation projects in India

STL reports ~INR 900 Cr orders in FY24 from fiberisation projects in India

Mumbai
  • ,
  • ~INR 900 cr worth of orders in FY24 for providing advanced Optical solutions and Smart Fibre Deployment Services to private service providers
  • Connecting more than 20 states with optical fibre-based digital infrastructure, stretched across ~15000 kms

STL [NSE: STLTECH], a leading optical and digital solutions company, announced that it has been awarded orders worth ~INR 900 crore in FY24 to provide integrated optical solutions to the leading service providers in the country. In the process, STL, through its advanced Optical solutions and Smart Fibre Deployment services, will support service providers in bringing high-speed connectivity to Indians in more than 20 states.

With its Glass to Gigabit capability (starting from its own glass preform to optical connectivity products), STL is well-positioned to cater to the needs of the Indian telecom industry. Its solid manufacturing base in India with six plants, R&D-led products like its flagship Stellar TM fibre, and high-fibre count Intermittently Bonded Ribbon (IBR) cable and fibre deployment services are powering fibre-densification for use cases like 5G, IoT and AI.

“India stands on the cusp of digital leadership, characterised by rapid technological advancements and widespread adoption,” said Praveen Cherian, CEO, STL Global Services. “We are proud to contribute to this journey and are confident that through our specialised optical solutions and smart deployment services, we will enable service providers to shape the nation’s digital future, driving economic prosperity.” 

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