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Project: STL snares Rs.250cr deal to provide optical fibres pan-India

Fiinews by Fiinews
July 21, 2022
in Projects
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STL

STL building Indian telecom operator’s optical network.

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As India’s data demand grows, dense fiberisation is the need of the hour, says STL

STL (NSE: STLTECH) has secured a Rs.250 crore deal to provide specialised optical fibres and deployment services to build the service provider’s network across 9 telecom circles, pan-India.

Pursuant to this arrangement, STL seeks to fulfil the telecom operator’s requirement for setting up a high-performance, modern communication network in India, said STL.

The multi-year deal is with one of India’s leading but unnamed operators as per STL media release.

As India’s data demand grows, dense fiberisation is the need of the hour, STL said in the release on 19 July 2022.

“This is being driven by investments in 5G, FTTH (fiber to the home), data centres and next-gen digital networks by private telcos,” said STL, which intends to provide a pre-integrated suite of optical fibre cables comprising Armored, Duct and Universal cables complying with varied deployment scenarios and integration services with its unique end-to-end deployment methodology.

The densely fiberised network is also expected to form the foundation for many next-gen services such as 5G, FTTH, IoT, enterprise networks and Industry 4.0.

“In this project, STL will collaborate with the service provider to develop and build a competent network for India,” said Praveen Cherian, CEO, of STL Global Services.

“Through our solution, we will provide a 5G-ready and high-capacity network which is expected to enable the service provider to provide faster delivery of new services with enhanced user experience in East, South and North regions.”

STL collaborates with service providers globally to achieve a green and sustainable digital future aligned with UN SDG goals.

STL has a presence in India, Italy, the UK, the US, China and Brazil. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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