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Tag : Sterlite Technologies

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Sterlite to Invest Rs 300 crore for Fibre Capacity Expansion

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The company is planning to invest to increase its capacity for optical fiber cables from 18 million to 33 million fibre kilometres as many telecom service providers have enhanced investments in digital network infrastructure. December 30, 2020 Sterlite Technologies Limited (STL) has announced its plan to spend Rs 300 crore......
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Sterlite Technologies Launches an Industry First ‘Digital Inclusion’ Solution – STL Garv

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In the past twenty five years, India has brought the first half of its population online and in the coming ten years, we will connect the second half. But, to unlock rural growth, we must supplement this connectivity with powerful rural digital applications which actually transform rural lives for the......
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Sterlite Technologies to fast track capacity augmentation, mulls expansion in two phases

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The expansion plans have been galvanised by demand recovery in company’s major markets, reflected in its order book which increased to Rs 10,705 crore in July-September quarter. October 25, 2020 Data network solutions provider Sterlite Technologies has decided to “fast track” its planned augmentation of optical fibre cable capacity, buoyed......
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Sterlite Technologies to Acquire Italy’s Optotec for EUR 29 Million

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The acquisition will create a solid springboard to offer a complete bouquet of solutions to customers across Europe, India and the Middle East. November 2, 2020 Sterlite Technologies (STL) has announced the signing of definitive agreements to acquire Optotec S.p.A, a leading Optical Interconnect Products Company based in Italy. Optotec,......
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Sterlite Technologies Partners With Airtel to Build Modern Optical Fibre Network in 10 Circles

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This modern optical network will enable Airtel to deliver world-class customer experience through enhanced scalability, reduced latency, and improved bandwidth. September 15, 2020 Sterlite Technologies has announced a partnership with Bharti Airtel (Airtel), India’s largest integrated telco, to build a modern optical fibre network for Airtel across 10 telecom circles.......
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STL Sets Up End-To-End 5G Ecosystem With its Strong Portfolio of Optical Fibers and Wireless Technologies

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Sterlite Technologies has invested in building a one-of-a-kind end-to-end digital networks ecosystem, including next-gen optical and wireless (5G) portfolio for all markets. July 23, 2020 Sterlite Technologies has announced financial results for the first quarter ending June 30, 2020. The company recorded a strong cumulative order book of over Rs.......
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Telengana’s T-Fiber Project Gets 10 months Deadline for Completion

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The T-Fiber project aims to connect all households, government institutions and enterprises. June 17, 2020 Telangana’s Information Technology and Industry Minister K. T. Rama Rao has directed the officials to complete the T-Fiber project, which aims at providing affordable and high speed broadband connectivity across the state, within 10 months.......
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Atmanirbhar Bharat: Homegrown Telecom Companies Eye Consortiums to Stay Competitive

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Domestic telecom gear makers are eyeing at opportunities to form consortiums worldwide to bring in the competitive edge on the back of Atmanirbhar Bharat (self-reliant India) initiative following novel Coronavirus outbreak, and Centre’s recent push for higher value-addition locally. June 9, 2020 Domestic telecom gear makers are eyeing at opportunities......
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STL Records Highest Ever Revenue at INR 5154 crore, Strengthens Mid-To-Long Term Outlook

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All the industries around the globe witnessed uncertainty and sluggish growth, however, STL continued to perform and grow its revenue by delivering end-to-end data network solutions. May 12, 2020 Sterlite Technologies has announced the consolidated financial results for its fourth quarter and financial year ending March 31, 2020. The Company......
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