Sterlite Tech acquires UK-based datacenter builder

Sterlite Technologies Ltd said it has acquired UK-based Impact Data Solutions Group at an enterprise value of around 12 million British pounds (Rs 105 cr). Enterprise value includes non-cash costs assumed by the company, including the takeover of any debt that the target company has. The exact cash payout was not revealed, nor was the […]

Sterlite Tech offers ‘intelligent network’ solution for fiber broadband players

Pune-based networking component manufacturer & servic provider Sterlite Technologies Ltd has unveiled an advanced and open standards-based software-based networking solution for fiber-based broadband providers. “With the programmable FTTx announcement, STL becomes one of very few companies in the world to have a software-defined network (SDN) solution for access connectivity,” it said. SHIFT TO SMART NETWORKS […]

Sterlite Tech gets Rs 1,500 cr Bharatnet contract for 8 Maharashtra districts

Two weeks after announcing a Rs 3,500 cr order to build the Indian Navy’s communication network, Sterlite Technologies said it won a Rs 1,512 cr order to connect 4,045 panchayats in Maharashtra under the BharatNet project. The announcement comes close on the heels of GTPL Hathway and Polycab Wires announcing a Rs 1,246 cr order to connect 3,767 […]

Sterlite Tech gets Rs 3,500 cr order for Indian Navy’s digital network

Sterlite Tech said it has got the confirmed order to build and manage a pan-India digital network to enable communication for the Indian Navy. Typically, such projects are won by multinational companies. However, given that the network will be used for defence purposes, the Navy seems to have preferred an Indian vendor. Nevertheless, it will […]

Indian Navy chooses Sterlite Tech for Rs 3,500 cr defence network

Sterlite Tech, India’s biggest fiber cable maker, said it won a Rs 3500-crore order to design, build and manage a communications network for the Indian Navy. The advance purchase order requires Sterlite Tech to design, build and manage the communications network for over a decade. The project includes the creation of a high-capacity IP-MPLS (Internet […]

Sterlite Technologies wins 3-yr contract to supply high-end fiber to UAE’s du

Sterlite Technologies said it won a three-year deal to supply high-quality fiber optic cables to du, a telecom network in the UAE. Financial details were not disclosed. “With an on-going relationship with du for the past six years, we have renewed the partnership for our innovative range of smarter optical communication technologies. “Through this agreement, […]