Sterlite Tech secures Rs 250 crore deal from a telecom company
Sterlite Technologies Tuesday said it has won a multi-year optical fibre deal worth Rs 250 crore from a leading Indian telco to deploy an optical fibre network across nine telecom circles.
India's data demand is growing and dense fiberisation is the need of the hour, STL said in a statement. In this nationwide project, STL will provide a pre-integrated suite of optical fibre cables comprising armored, duct and universal cables complying with varied deployment scenarios and integration services, the company said.
"STL and the telecom service provider have been long-term partners in the optical connectivity space. In this project, STL will collaborate with the service provider to develop and build a competent network for India," said Praveen Cherian, chief executive of STL Global Services.
