Highlights: As part of its new FlashFWD 5G Series, this new indigenous cable variant comes with over 50 times the capacity of the typical cable deployed in India
Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, has bolstered its all new FlashFWD 5G Solution with the launch of 1152F variant cables at India Mobile Congress (#IMC2017).
While launching this solution, Secretary (T) and Chairman – Telecom Commission, Department of Telecommunications, Government of India, Ms. Aruna Sundararajan said, “I am delighted to launch Sterlite Tech’s 5G cable that has been completely Made in India. This is really a next generation product. As the world looks at more fibre deployment, I think this is one of the products that will be a market leader. This technology also fulfils the Government of India objectives. As BharatNet and other optical fibre projects roll out in the country, we will see more such technology deployments.”
Addressing at the launch, Dr. Anand Agarwal, CEO, Sterlite Tech, asserted, “We are proud to have designed and manufactured this dense network solution for mobile backhaul in India. Sterlite Tech manufactures these products across the value chain from core silicon to semiconductor grade glass to optical fibres and optical fibre cables, making us the most integrated player globally. This solution proposes the usage of one fibre cable and one duct solution instead of putting multiple ducts, which are subsequently unusable. In India, today millions of kilometres of empty plastic ducts have been deployed without any subsequent usage. This is the technology that we are deploying globally, and bringing to India for the first time.”
Elaborating the applications and benefits of the new optical fibre cable, Dr. Badri Gomatam, CTO, Sterlite Tech, said, “These cable solutions have 50x the capacity of the current cables deployed in the country and extremely future proof for the next 20 years. With efficient use of limited duct space, the 1152F cable features a rugged design that protects the network in harsh weather and impact situations, increasing life expectancy to at least double the current average lifetime with lowest carbon-footprint.” FlashFWD 1152F is NABL certified and complies with the latest global standards of IEC.60794 series, ANSI/ICEA S-87-640, Telcordia GR-20, and ITU-T Recommendations.
About Sterlite Technologies:
Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages in six continents and more than 100 countries, with a digital networks focused business spanning across products, services and software – optical communication products, network & system integration services and OSS/BSS software solutions. The Company has state-of-the-art manufacturing facilities in India, China & Brazil, and aims to transform everyday living by delivering smarter networks. With a strong portfolio of 155 patents, Sterlite Tech is home to India’s only Centre of Excellence for broadband research. Projects undertaken by the company include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities’ development, and establishing high-speed Fibre-to-the-Home (FTTH) networks.
Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies’ expected financial position, business strategy, the future development of Sterlite Technologies’ operations and the general economy in India, are forward looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies’ present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies’ industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies’ control, include, but are not limited to, those risk factors discussed in Sterlite Technologies’ various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com.