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STL wins a ~Rs 250 crore deal for building and maintaining data centres for a public sector entity

STL wins a ~Rs 250 crore deal for building and maintaining data centres for a public sector entity

Mumbai, India

STL [NSE: STLTECH], a leading optical and digital solutions company, today, announced a partnership with a public sector entity. In this multi-year agreement, STL will design, build, commission, and maintain 2 data centre facilities, with service deployment across multiple network sites across India. 

STL will also be responsible for 3 years of operations & management to ensure the reliable functioning of the envisaged project. This critical project will require seamless operations, 24X7 availability and a high level of intelligence to facilitate mission-critical business applications. STL’s technology-led Data Centre connectivity and management solution is custom-designed to create intelligent and automated systems to run, monitor and protect the data centres, enabling new-age applications with advanced Cyber security solutions. 

The Indian data centre market is projected to grow from ~US$ 5.6 billion to ~US$ 8 billion by 2026, according to a report by ASSOCHAM-EY, and STL is well poised to cater to this demand through its comprehensive solutions.

Speaking on this collaboration, Praveen Cherian, CEO-Global Services Business, STL, said:  “STL has over a decade of experience in building and managing data centres. Our solutions are focused on getting automation and intelligence in the network and IT infrastructure. I am confident that our data centre connectivity and maintenance solution will integrate intelligent infrastructure, real-time monitoring, disaster management and troubleshooting. It will provide a secure, reliable, seamless digital infrastructure for the customer’s operations.”

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 Agency Contact Investor Relations
Soumi Das Ishita Kaushik Chetan Wani
Phone: +91 7028466673 Phone: +91 9315981700 Phone: +91 9712975633
soumi.das1@stl.tech ishita.kaushik@2020msl.com investor@stl.tech