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Market: Bharatnet-BEAD leads in digital buildouts

Fiinews by Fiinews
January 28, 2025
in Markets
Reading Time: 2 mins read
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Pankaj Malik

Pankaj Malik joins as interim CEO of STL's Global Services Business.

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STL strengthens team for next phase of growth

The optical networking industry is undergoing a significant phase of large-scale digital infrastructure buildouts across the globe, like Bharatnet in India and federally-funded broadband infrastructure projects under the Broadband Equity, Access, and Deployment (BEAD) Program in the United States.

This aggressive market assessment was given by STL (NSE: STLTECH), which is strategically expanding its capabilities across its key global businesses with a continued focus on customer-centricity and innovation.

As such, STL is strengthening leadership team to drive the next phase of growth and has announced the addition of new leaders across the business and functions https://www.conexpoconagg.com/.

With their extensive experience and expertise, new leaders will play a critical role in strengthening STL’s customer relationships and laying a robust foundation for sustainable growth in the years ahead, STL said on 27 Jan.

Industry veteran Pankaj Malik has been appointed as an interim Chief Executive Officer of STL’s Global Services Business.

Jeric McCoy has joined as Vice President of Sales for Sterlite Technologies Inc. (STI), a US subsidiary of STL.

Pankaj has over 27 years for extensive experience in strategic operations, digital transformations, and stakeholder management, with 20 years in the telecom sector. His diverse leadership background includes notable companies such as Philips India, Vodafone Idea, Bharti Airtel, G4S Secure Solutions, and Crest Digitel https://digitalinasia.com/.

Commenting on these appointments, STL Managing Director Ankit Agarwal said, “I am very confident that our leadership team, with their vast experience and expertise, will drive the development of our key business verticals https://www.makeinindia.com/home/.

“This will enable us to achieve outstanding customer outcomes and profitable growth in the most impactful way possible. We’re poised for great things ahead! I wish them all the best.”

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. Fiinews.com

Tags: STL Technologies
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