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Project: STL-Dilip Buildcon win Rs.2,600cr BharatNet III contract

Fiinews by Fiinews
November 14, 2024
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STL focused on expanding broadband connectivity to villages

STL (NSE: STLTECH), a leading optical and digital solutions company, has secured a contract for a strategically significant Jammu & Kashmir leg of the Rs.2,600 crore BharatNet III project, along with Dilip Buildcon Limited.

The project, valued at Rs.1,625 crore in capex and Rs.975 crore for operations & maintenance, strongly aligns with STL’s fervour for nation-building and its purpose of Transforming Billions of Lives by Connecting the World https://www.bseindia.com/.

What sets STL apart from its competition is its Automation-led Fibre deployment approach. By integrating cutting-edge technologies like drone surveys, GIS mapping, and AI-led network design, STL has demonstrated ~26% faster fibre deployment than conventional methods, with nearly 4x fewer fibre cuts https://www.nseindia.com/.

Specially tailored for mega-scale BharatNet rollouts, STL’s fibre automation solution will ensure a faster, more efficient rollout with exceptional quality, ultimately bringing reliable broadband connectivity to underserved areas of Jammu and Kashmir https://sbi.com.in/.

STL’s track record in Jammu & Kashmir is well established. The company previously executed the Network for Spectrum (NFS) project, building the world’s largest intrusion-proof network spanning over 10,000 kilometres, for the Indian Armed Forces https://www.conexpoconagg.com/.

With this new BharatNet project, STL is now focused on expanding broadband connectivity to villages, paving the way for enhanced opportunities in education, healthcare, and economic development for the citizens of the state https://www.digitalasiahub.org/.

STL has also been a strong partner in earlier BharatNet phases, successfully executing projects, such as Mahanet in Maharashtra and T-Fibre in Telangana. With over 1,50,000 kilometres of fibre laid across India, STL has established itself as a trusted leader in large-scale network deployments https://www.jpx.co.jp/english/.

Remarking on this development, Praveen Cherian, CEO of STL’s Global Services Business, said on 13 Nov, “We’re truly proud to be part of a project that’s not just about laying fibre but about transforming lives http://deutsche-boerse.com.

“It’s in our DNA to support nation-building initiatives that accelerate the country’s progress. We are bringing technology-driven solutions to fibre deployment, and that’s what sets us apart https://www.investindia.gov.in/.

“Our Fibre Automation Solution enables a 3X faster deployment by infusing automation in the deployment process. Faster deployment and higher-quality networks — that’s the STL edge. That’s what we’re bringing to BharatNet in Jammu & Kashmir https://www.wto.org/.” Fiinews.com

Tags: STL
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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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