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STL announced the launch of dTelco™ (digital telco platform) that empowers telecom companies to deliver personalisation, increase revenue and drive innovation. The best-in-class dTelco™ platform helps move away from traditional siloed model to agile, scalable, customer-centric and data-driven business model.

K S Rao, CEO, Network Services, STL said that with the roll out of 5G, and advancements in technologies like IoT and Edge computing, he believes that the next couple of years are going to be transformational. With data consumption on exponential rise and 5G on the way, wireless platforms will not be enough to meet the demands of bandwidth-guzzling consumers.

"Sterlite Technologies recorded a 22 per cent rise in consolidated net profit to Rs 160 crore during the second quarter ended September 30. The company had recorded a net profit of Rs 131 crore in the corresponding period a year ago."

"Sterlite Technologies recorded a 22 per cent rise in consolidated net profit to Rs 160 crore during the second quarter ended September 30. The company had recorded a net profit of Rs 131 crore in the corresponding period a year ago."

"Indian telcos now are increasingly exploring sourcing equipment from home-grown telecom infrastructure companies due to rising trade tensions between the U.S. and China along with the ongoing uncertainty surrounding Chinese gear-maker Huawei, said Anand Agarwal, group CEO, Sterlite Tech (STL). "

End-to-end data network solutions provider Sterlite Technologies Ltd unveiled, 5G Edge Mantra, an advanced 5G data hub technology, at India Mobile Congress (IMC) 2019, in presence of Anshu Prakash, Secretary, Department of Telecommunications.

Sterlite Technologies Limited (STL) on Tuesday revealed its 5G data hub solution- 5G Edge Mantra at the India Mobile Congress (IMC) 2019 in New Delhi. The solution combines software defined virtualized radio access network functionalities with a host of Multi-access edge compute capabilities

Sterlite Technologies Limited (STL), a global data networks innovator, launched Stellar Fibre at India Mobile Congress (IMC) 2019, in the presence of Ravi Shankar Prasad, Union Minister of IT and Communications. Stellar Fibre is a path-breaking solution that will power the next-gen ultra-high definition future.

In a move to create more highly-skilled fiber deployment specialists in rural India, STL and Common Services Centres (CSC) Academy have signed an MoU to train Village Level Entrepreneurs (VLEs) in optical fibre networking.

STL joined hands with South Africa’s Frogfoot to deploy Fibre To The Home (FTTH) infrastructure in Soweto, Johannesburg. Frogfoot will use STL’s Air-blown FTTH solution to enable affordable, reliable broadband connectivity

Sterlite Technologies Limited (STL) that has recently diversified into telecom network services, is banking high on its innovation-led digital kiosks dubbed as ‘Garv’ to offer multiple government-to-citizen (G2C) through village-level entrepreneurs (VLE).

" “Business volatility and market volatility are often different things,” Anand Agarwal told ET Magazine in an interview over phone from Pune, pointing out that the stock price had been rising. “We’re focused on delivering improved performances on all the right metrics."

Technology is the backbone of most successful businesses today. The same is being rapidly used to enhance the employee experience and share business intelligence with-in teams seamlessly and effectively. Sterlite Technologies Limited is a case in point here. They use technology and collaborative tools to stay connected (spread across different countries) and share real-time information across the world. “This keeps us agile, relevant and bonded as friends and colleagues,” says to Anjali Byce, CHRO, Sterlite Technologies Limited (STL).

Sterlite Technologies indicated in a stock exchange filing on Wednesday that its wholly-owned subsidiary Sterlite Global Venture (Mauritius) is in the process of acquiring 100% stake in UK-based Impact Data Solutions (IDS) Group.

NSE-listed data network solutions company Sterlite Technologies Ltd (STL) has announced its acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.

Sterlite Technologies Ltd has agreed to acquire the UK-based Impact Data Solutions Group for an enterprise value of around £12 million ($14.85 million, or Rs 105.55 crore at current exchange rates).

Broadband solution provider Sterlite Technologies Ltd (STL) on Wednesday said its Mauritius-based arm has signed a pact to acquire entire stake in the UK-based Impact Data Solutions at an enterprise value of around Rs 105 crore.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom. As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom.

STL, a global data network solutions company, today announced the acquisition of IDS Group, a data centre network infrastructure design and deployment specialist based in the United Kingdom. As part of the overall transaction structure, STL will acquire 100% stake in UK based Impact Data Solutions Limited (IDS) and its affiliate, together represented as IDS Group.

Nischal Gupta is among the bellwether technology executives transitioning from the technology first world of Enterprise tech to a business first world of digital transformation. He is the CTO for Sterlite Technologies, a data networks innovator, driving end-to-end hyper-scale data network solutions beyond tomorrow.

In the new age technology situations, development of skills goes hand-in-hand with inculcating adaptation skills. Anjali Byce, CHRO, Sterlite Tech, discuss some aspects. Excerpts: Voice & Data: As India gears up for 5G, broadband for all, IoT and a host of new telecom business and technology models, what are the key competencies that telecom professionals should possess?

Anil Agarwal-led promoters of Sterlite Technologies (STL) have announced that they have removed their entire pledge on STL's shares with immediate effect.

Shares of Sterlite Technologies surged more than 11 percent in the early trade on May 11 after company's promoters removed all pledge on company's shares with immediate effect.

Business transformation vendor, Signavio, has ramped up its Asia Pacific (APAC) expansion efforts by partnering with end-to-end data network solutions provider, Sterlite Technologies.

Sterlite Technologies Ltd (STL) [BSE: 532374, NSE: STRTECH], a global leader in end-to-end data network solutions, has invested in an integrated system to radically shift global customer experiences by building robust planning and delivery processes.

Sterlite Technologies Ltd (STL) [BSE: 532374, NSE: STRTECH], a global leader in end-to-end data network solutions, has invested in an integrated system to radically shift global customer experiences by building robust planning and delivery processes.

Sterlite Technologies Ltd (STL), a global provider of end-to-end data network solutions, has invested in an integrated system to radically shift global customer experiences by building robust planning and delivery processes.

Sterlite Technologies Ltd. (STL), a global provider of end-to-end data network solutions, unveiled its new business intelligence solution Intellza at the recent TM Forum Digital Transformation World 2019 in Nice, France. The solution aims to maximise engagement through AI-based predictive modelling of customers’ journeys. The solution was validated in the event by leading telcos – Orange and Deutsche Telekom.

Sterlite Technologies Limited (STL) has unveiled Intellza – its next-generation business intelligence solution, at the recently concluded TM Forum Digital Transformation World 2019 in Nice, France. The solution maximises engagement through artificial intelligence (AI) based predictive modelling of customers’ journey. The innovative solution was validated in the event by leading telcos – Orange and Deutsche Telekom.

Sterlite Technologies Ltd, a global leader in end-to-end data network solutions, has made three top-level appointments to its Network Software business to serve its global customers.

Although stock markets witnessed a historic rise following the exit poll results indicating a clear cut majority for the BJP-led NDA under the leadership of Prime Minister Narendra Modi, there is one stock which is unlikely to be affected by the results of the 2019 Lok Sabha elections. Zee Business opines that Sterlite technologies or STL is one such stock.

Sterlite Technologies Ltd announced the launch of ‘Digital Software Portfolio’, a portfolio of digital products that enables Communication Service Providers (CSPs) to go to market faster and offer enhanced and personalised experience to their users.

Sterlite Technologies has launched its ‘Digital Software Portfolio’ for communication service providers (CSPs). The newly launched products are available for STL’s CSP customers globally. The portfolio includes Digital Revenue Management System; Digital Engagement Platform; Digital Policy Control and Charging; Intellza - Business Analytics Platform; Digital Wi-Fi Service Management, including Smart Mobility that allows for automated seamless movement between terrestrial and Wi-Fi networks.

The market is rallying because of flow of money which has come into our markets since February this year, availability of stocks that have corrected and likelihood of NDA government coming back to power, said Deven R Choksey, MD, KR Choksey Investment Managers, in an interview with ETNOW.

The market is rallying because of flow of money which has come into our markets since February this year, availability of stocks that have corrected and likelihood of NDA government coming back to power, said Deven R Choksey, MD, KR Choksey Investment Managers, in an interview with ETNOW.

A global data network solutions company, continues its exponential growth, it is attracting some of the best talent in the world. In the last few quarters, the Company has recruited best-in-class technologists, scientists, strategists, marketers and sales leaders. It now announces the joining of four new leaders.

India's largest fiber optic cable company Sterlite announced today that it will join forces with TIP to provide optical transport network controller software for the open source optical equipment Voyagr and Cassini platforms under TIP.

London, United Kingdom and Pune, India – April 2, 2019: Sterlite Tech [BSE: 532374, NSE: STRTECH], a global data network solutions company, today announced a collaboration with the Telecom Infra Project (TIP) to enhance data networks of the future. The collaboration will see the creation of an optical transport controller to manage and control Voyager and Cassini platforms developed by TIP members.

This year's OFC, different years ago, there are not many new releases of new products on fiber optic cable . In this context, India's largest and only fiber optic cable company Sterlite's new TruRibbon cable is particularly eye-catching. High-density flexible deployment of ribbon cable is a hot spot for many manufacturers in the fiber-optic cable industry. What is new about this company from India? To this end, the editors came to the Sterlite booth and asked their on-site staff to introduce them.

Amsterdam, The Netherlands – March 13, 2019: Sterlite Tech [BSE: 532374, NSE: STRTECH], a global data network solutions company, today announced the launch of its Fibre To The x (FTTx) solution – FTTx MANTRA™ – at the FTTH Conference 2019 (#FTTH19) in Amsterdam. Built as an end-to-end solution, FTTx MANTRA™ empowers communication service providers to swiftly roll out FTTx networks at massive scale, near-zero response time and great agility at optimised costs.

The Economic Times CIO Annual Conclave is India’s premium forum that deliberates on top issues confronting CIOs. The second edition concluded with a grand evening celebrating the accomplishments of IT leaders of India followed by award ceremony. ETCIO Annual awards has been instituted to recognise the outstanding work done by CIOs in innovatively leveraging technology resulting in transformed businesses or business processes. The award celebrates the spirit of innovation in the enterprise technology domain.

Sterlite Tech, a global data network solutions company, has announced the launch of its Fibre To The x (FTTx) solution – FTTx MANTRA – at the FTTH Conference 2019 (#FTTH19) in Amsterdam. Built as an end-to-end solution, FTTx MANTRA empowers communication service providers to swiftly roll out FTTx networks at massive scale, near-zero response time and great agility at optimized costs.

NEW DELHI: Reliance Jio Infocomm has sought incentives for the telecom industry to encourage fibre deployments, a critical infrastructure for the commercial roll-outs of fifth-generation networks.

Sterlite Tech, a global data network solutions company, announced the launch of TruRibbon – Ribbon Reinvented at the Optical Networking and Communication Conference (#OFC2019), happening at California. TruRibbon is a fully backward compatible ribbon cable that offers the high density needed by today’s networks, with superior handling design to enable a first-time-right installation.

Sterlite Tech, a global data network solutions company, announced the launch of TruRibbon – Ribbon Reinvented at the Optical Networking and Communication Conference (#OFC2019), happening at California. TruRibbon is a fully backward compatible ribbon cable that offers the high density needed by today’s networks, with superior handling design to enable a first-time-right installation.

This disruptive solution enables optimization for first-time-right splicing, bringing tremendous time and cost savings, while enabling massive connectivity San Diego, USA and Pune, India - March 5, 2019: Sterlite Tech [BSE: 532374, NSE: STRTECH], a global data network solutions company, today announced the launch of TruRibbon™ - Ribbon Reinvented at the Optical Networking and Communication Conference (#OFC2019), happening at California. TruRibbon™ is a fully backward compatible ribbon cable that offers the high density needed by today's networks, with superior handling design to enable a first-time-right installation.

Sterlite Tech has launched TruRibbon – Ribbon Reinvented at the Optical Networking and Communication Conference (OFC2019) at California. TruRibbon is a fully backward compatible ribbon cable that offers the high density needed by today’s networks, with superior handling design to enable a first-time-right installation.

SAN DIEGO, USA and PUNA, INDIA – Sterlite Tech, a global data network solutions company, announced the launch of TruRibbon – Ribbon Reinvented, a fully backward compatible ribbon cable that offers the high density needed by today’s networks, designed to enable a first-time-right installation. As data requirements continue to explode unabated, service providers, hyper-scale data centers and others, look for ongoing innovation in fiber connectivity and cable solutions to enable speed and agility at competitive costs.

Sterlite Tech a global data network solution company has won Intertek’s (US) Zero Waste to Landfill certification for its optical fibre cable manufacturing plant in Rakholi, Silvassa (India). This world-class manufacturing facility diverts more than 99 per cent waste away from landfill, making it India’s first optical fibre cable plant to receive this third-party global certification.

Highlighting the need for this flexible and interoperable portfolio, Anshoo Gaur, CEO - Software Business, Sterlite Tech, said, "CSPs have fuelled the development and evolution of the digital economy, with ubiquitous networks.

Sterlite aims to use open-source code to build a near real-time controller and distributed units, with white box hardware, and would also contribute code and results from field trials for 5G technology.

The broadband readiness index launched by the Centre to accelerate fibre deployment, and incentivise top-performing states in the run-up to the fifth-generation or 5G technology rollout would encourage competitiveness, a top Sterlite executive said.

The exponential growth in data consumption and the ever-increasing demand for video content has provided a fresh impetus to optic fibre cable (OFC) deployments in India. The year 2018 saw significant fibre installations, both in the backhaul and the last mile, by telcos. OFC serves as the backbone for flagship government programmes such as BharatNet and Smart Cities, and will be an essential component of future networks. Going forward, the Fibre First initiative outlined in the new telecom policy will give a major impetus to India’s OFC market, and demand will be further bolstered as the industry gears up for 5G deployments. Leading OFC players share their views on the sector’s performance in 2018 and the way forward…(from left: Ankit Agarwal, CEO, Telecom Products Business, Sterlite Tech; Deepak K Chhabria, Executive Chairman, Finolex Cables Limited; Sivakumar Nagarajan, Director, Commercial-Optical Fibre, Corning Optical Communications)

2018 was the year of voice assistants, video streaming and consumer IOT in its home automation avatars. These were just few applications that drove the design and build out of smarter data networks. Come 2019, as we get closer to 5G and all the hyper-data applications it will support, networks will continue to become smarter – open, software-defined and programmable.

2018 was the year of voice assistants, video streaming and consumer IOT in its home automation avatars. These were just few applications that drove the design and build out of smarter data networks. Come 2019, as we get closer to 5G and all the hyper-data applications it will support, networks will continue to become smarter – open, software-defined and programmable.

Sterlite Tech is bullish on new innovative technology to design networks of future as the country gears to embrace fifth-generation or 5G technology with the massive proliferation of the Internet of Things (IoT) devices.

Data consumption on mobile phones is expected to more than double in 2019 from last year as political parties engage with voters and battle each other on social media platforms such as Facebook, WhatsApp and YouTube, starting in the next few weeks and going all the way through to national elections likely in April-May.

India-based Sterlite Tech has established a Specialty Products Experience Lab (SPEL) in Silvassa, India, to focus on end-to-end connectivity architecture solutions for global telcos, ISPs, cloud companies and data centres.

With demand for fiber expected to grow at a rapid pace as faster 4G/5G networks are rolled out and new age technologies such as IoT, augmented reality, virtual reality, cloud computing etc. become common place, the OFC industry is on a roll.

As networks get smarter, network infrastructure needs to get simpler. Once IoT (Internet of Things) applications scale up, the number of connected devices will increase exponentially, making infrastructure provisioning increasingly complex. The connected world needs a solution that converges power and data infrastructure to cater to triple-play services and power consumption demands of edge network assets.

NEW DELHI: Global data network solutions company Sterlite Tech has established a Specialty Products Experience Lab (SPEL) in Silvassa, to focus on end-to-end connectivity architecture solutions for global telcos, ISPs, cloud companies and data centres, the company said in a press release on Thursday.

Sterlite Tech said it created a Specialty Products Experience Lab (SPEL) in Silvassa, India, to focus on connectivity architecture products for global telcos, ISPs, cloud companies and data centres.

SILVASSA, India, December 27, 2018 – Sterlite Tech, a global data network solutions company, has established a Specialty Products Experience Lab (SPEL) in Silvassa, India, to focus on end-to-end connectivity architecture solutions for global telcos, ISPs, cloud companies and data centres.

Sterlite Technologies Ltd, a global data network solutions company, has on-boarded two industry technology leaders as it continues to design, build, and manage smarter programmable networks.

Sterlite Tech, a global data network solutions company, has appointed two industry technology leaders as it continues to design, build and manage smarter programmable networks.

The Indian Wire and Cable Industry in the last 5 Years has grown at around 14-15 percent CAGR and this growth rate is expected to increase to 15-16 percent CAGR in the next 5 Years.

With CSPs, DSPs, enterprises, citizen networks and OTT players focused on connecting the next billion for 5G and IoT era, Sterlite Tech has been investing in its technology and research capabilities, bringing software to the edge of data networks

Shares of Sterlite Technologies have rallied 35 percent in the last 2 months. Credit rating agency ICRA upgraded the ratings on the company's non-convertible debenture (NCDs) and letter of credits (LoCs) to AA from AA-. Anand Agarwal, CEO of Sterlite Technologies, spoke to CNBC-TV18 about the company's business plans and growth outlook.

Sterlite Technologies announced that ICRA has upgraded its rating on the non-convertible debenture programme and long-term rating for the line of credit (LOC) of the Company to ''[ICRA] AA from ''[ICRA] AA-'', and reaffirmed its ''[ICRA] A1+'' rating on the company's commercial paper programme.

In order to connect hundreds of millions of people living in rural villages across the country, India needs to lay over a million Km of additional fibre for its backbone network

Silicon India features thoughts of Vaibhav Khanna, SterliteTech's Head of Intellectual Property, on network evolution and how to safeguard it.

Sterlite Tech on Thursday reported nearly two-fold jump in net profit at Rs 121 crore for the June quarter due to strong demand for its products in the domestic market.

Revenue growth may accelerate, as company will add 20 m fkm capacity by June 2019, says Axis Capital.

Sterlite Technologies’ subsidiary has completed the acquisition of Metallurgica Bresciana, an European specialised optical cable manufacturer, for €47 million in an all-cash deal.

Edelweiss bullish on Sterlite Technologies has recommended buy rating on the stock with a target price of Rs 425 in its research report dated July 19, 2018.

Sterlite’s brand positioning is driven by our purpose. We are here to - Transform Everyday Living by Delivering Smarter Networks.

Sterlite Technologies is currently trading at 21 times its FY20 estimated earnings, which is reasonable in the light of its growth prospects

Richard Eichhorn, VP international sales, telecom products business at Sterlite Tech discusses the four new cable products - launched at ANGA COM - spanning fronthaul and fibre to the home (FTTH) network technologies.

Sterlite Technologies, which manufactures products for the telecom market, has agreed to acquire 100% stake in Italy-based optical cable maker Metallurgica Bresciana for 46.67 million euros ($54.3 million or Rs 373 crore) in a cash deal.

With 5G and fibre critical to the future telecoms industry, this video interview with Ankit Agarwal, of Sterlite Tech, looks at how the new technology will impact the end-user experience and how fibre networks fit into the infrastructure required to deliver it.

Optical fiber manufacturer and provider Sterlite Tech [BSE: 532374, NSE: STRTECH] used the ANGA COM 2018 conference and exhibition in Cologne, Germany to globally introduce.

Sterlite Tech launched four new products spanning fronthaul and fibre to the home (FTTH) network technologies at this year’s ANGA COM in Cologne, with the unveiling of the Airblown Micro cable;

Rising residential construction in emerging economies and increased investments in the telecom sector are further driving FTTH technologies globally.

Sterlite Tech has appointed Intel Corp’s Kumud Srinivasan to its board of directors, effective May 22, 2018. As a non-executive and independent director, she will be on Sterlite Tech’s board for a term of five years.

Sterlite Tech among 10 stocks in LIC’s portfolio that have emerged as multi-baggers in the last one-year.

Sanjay Parikh, VP-Software, Sterlite Technologies talks on the overall market scenario and gives an insight on the company’s further growth plans.

Telecom department to take new digital communications policy 2018 to the Cabinet after public scrutiny

Sterlite Tech’s views on National Digital Communications Policy 2018

1,350% surge in 5 years! This firm is waiting to make a killing on 5G

Sterlite Tech's Debt Picture

Sterlite Tech's Q4 net profit up 77%

Nischal Gupta: Questions & Answers Session

Demand for High-fibre Count Access Cable is on the Rise for 5G

Anupam Jindal: Being CFO means to drive the company to deliver superior growth and create value for its investors on a sustainable basis through very strong financial management.

Sterlite’s Fibre Figment Saga

Digital transformation is arguably the most used (abuse is also a use) catch-phrase of our times? All vendors—selling connectivity to anti-virus and all things

Sterlite Technologies Limited (STL) has been ranked 312th in the FE 1000-2017 listing of India's Finest Companies, based on market capitalisation for 2016-2017.

Can the CIO drive digital transformation? Not surprisingly, you hear an emphatic yes, when you ask this question to the CIO community.

India is capable of assuming a leading global role on such matters as the rollout of 5G services and Artificial Intelligence

When Sterlite Technologies Limited (NSEI:STRTECH) released its most recent earnings update (31 December 2017)

Sterlite Technologies on Monday said it has been awarded a Rs3,500-crore advance purchase order to design, build and manage the Indian Navy’s communications network

There is no doubt that 5G will significantly contribute in transforming everyday lives of Indians by resolving real issues within e-healthcare

In this quarter, Sterlite Tech continued to build on its capabilities by innovating on smarter network technologies, business processes and project execution.

Anil Agarwal, India’s third wealthiest person and a metals and mining magnate, started his journey with a tiny scrap metal business in 1970.

Sterlite Tech, a global technology enabler in smarter digital networks, has won the Wireless Broadband Alliance (WBA) Industry Award 2017 for the successful deployment of India’s First Live Smart Services City in Gandhinagar, Gujarat.

India today has an opportunity to leapfrog and bring affordable high-speed connectivity to its billion citizens using next-generation web-scale networks.

The urban way of life is seeing a monumental transformation. While on the one hand, technology advancements are transforming urban living experiences positively, on the other, there are concerns about sustainable development, given the issues around the environment, essential infrastructure, basic healthcare and education for all.

The company said its capacity scaling to 50 million fibre km from 30 million fibre km is on schedule to be delivered by June 2019

When Sterlite Technologies Limited (NSEI:STRTECH) released its most recent earnings update (31 December 2017)

With the need for data growing, the telecom sector is being put on a high-speed track to meet the growing data demand.

In alignment with the Digital India vision, a defined budgetary allocation for telecom infrastructure development is a must.

Shares of Sterlite Technologies gained today as the Union Budget 2018-19 indicated focus on improving internet connectivity in cities as well as in the railways.

The 14th edition of the 'India Manufacturing Excellence Awards (IMEA) 2017

Sterlite Tech has announced the launch of ‘BSS of the Future’, a platform that enables the digital transformation of Communication Service Providers (CSPs) to Digital Service Providers (DSPs).

NEW DELHI: Sterlite TechnologiesBSE -1.64 % today said its consolidated net profit jumped over 83 per cent to Rs 90 crore for the quarter ended December 31, 2017.

Markets remain cautious on the eve of #Budget2018. Catch all details and other top stories on Primetime. #BQLive

Surging data demand coupled with the ongoing digital wave signals bright growth prospects for the country’s telecom optic fibre cable (OFC) market.

In our article “Sterlite Technologies: The Future Looks Bright”(Moneylife, 12 May 2017), we mentioned that the rising data consumption trend

The UK has never seen such energy and activity in deploying full fibre networks as it has in 2017. But ambitious plans are one thing, delivering on them is quite another.

India is capable of assuming a leading global role on such matters as the rollout of 5G services and Artificial Intelligence

The year 2017 turned out to be an eventful one for telecom equipment vendors and solution providers. 

Going along with the Centre’s BharatNet programme, the Telangana government showcased its ambitious Fiber Grid (T-Fiber) program

During the recently concluded Voice&Data’s 17th annual meeting of the telecom ecosystem on 14th December, 2017, a lot of deliberations took place around Digital Telecom and how it is becoming the backbone for Digital India.

Who says buying out of fear is a bad idea? History is full of evidence that investors who have created enormous wealth after making purchases when fear gripped the markets.

Sterlite Tech announced its three-year deal with UAE-based telecommunications service provider du to assist in launching futuristic networks, Internet of Things (IoT) and Fibre-to-the-Home (FTTH) broadband services.

Sterlite Technologies will enable UAE-based telecommunications service provider du to roll out futuristic networks, Internet of Things (IoT) and Fibre-to-the-Home (FTTH) services through its smarter network technologies, over the next three years.

In an exclusive interaction with TelecomLead, Dr. Badri Gomatam, CTO, Sterlite Tech, reveals the major investment areas, and technology requirements to make 5G a reality in India.

Domestic broadband gearmaker Sterlite Tech is in talks with a leading Internet service provider to deploy 5G ready optical fibre cable in Mumbai, its CEO Anand Agarwal said today.

New Delhi, Sep 28 Domestic broadband gearmaker Sterlite Tech is in talks with a leading Internet service provider to deploy 5G ready optical fibre cable in Mumbai, its CEO Anand Agarwal said today.

The "FlashFWD 5G Series" solution features multi-tube single jacket ribbon optical fibre cable that combines robust performance for duct or direct buried installations, with the productivity of high-count mass fusion splicing.

Sterlite Technologies has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Domestic broadband gearmaker Sterlite Tech is in talks with a leading Internet service provider to deploy 5G ready optical fibre cable in Mumbai, its CEO Anand Agarwal said today.

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-toend global technology leader in smarter digital networks, has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-toend global technology leader in smarter digital networks, has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Global tech firm Sterlite Tech on Wednesday launched a high-speed 5G-ready network solution titled "FlashFWD" at the India Mobile Congress (IMC) 2017 here.

Mumbai, Sep 28(UNI) Sterlite Tech, an end-to-end global technology leader in smarter digital networks, has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC)

The company is in talks with a leading Internet service provider to deploy cable with 864 optical fibre which is more than 17 times current capacity being deployed, which will also support 5G

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Sterlite Tech launched a high-speed 5G-ready network solution titled "FlashFWD".

Global tech firm Sterlite Tech on Wednesday launched a high-speed 5G-ready network solution titled “FlashFWD” at the India Mobile Congress (IMC) 2017 in New Delhi.

Sterlite Tech launched a high-speed 5G ready network solution Flash FWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Domestic broadband gearmaker Sterlite Tech is in talks with a leading Internet service provider to deploy 5G ready optical fibre cable in Mumbai, its CEO Anand Agarwal said today.

Sterlite Tech has launched a high-speed 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017, being held in New Delhi, India.

Domestic broadband gearmaker Sterlite Tech is in talks with a leading Internet service provider to deploy 5G ready optical fibre cable in Mumbai, its CEO Anand Agarwal said today.

5G, or fifth generation technology has been the flavour at the first edition of India Mobile Congress held i the national capital.

Touting the first 'Indian Mobile Congress (IMC)' 2017 as a success, the organisers on Thursday said many more industry players want to participate from next year and hoped that IMC will be established as a signature annual event for the growing mobile, Internet and technology ecosystem in India.

Sterlite Tech has launched 5G ready network solution named FlashFWD at India Mobile Congress (IMC) 2017 in Delhi, India.

The optic fiber cables industry is seeing a lot of traction. Several network projects are being developed in India. A secure network for the Armed Forces under Network for Spectrum

NEW DELHI: Many vendors and service providers are set to showcase and launch new products and solutions at the three-day India Mobile Congress (IMC) 2017 to be held on September 27-29 in New Delhi.

Sterlite Technologies announced that the Company has been assigned Moody's Investors Service's (Moody's) B1 Corporate Family Rating (CFR). This is the first time that Moody's has assigned a rating to the Company, with a stable outlook.

Sterlite Tech,an end-to-end global technology leader in smarter digital networks was assigned Moody’s Investors Service’s (Moody’s) B1 Corporate Family Rating (CFR). This is the first time that Moody’s has assigned a rating to Sterlite Tech, with a stable outlook.

Rating Action: Moody's assigns B1 corporate family rating to Sterlite Technologies Limited

Sterlite Tech was assigned Moody’s Investors Service’s (Moody’s) B1 Corporate Family Rating (CFR). This is the first time that Moody’s has assigned a rating to Sterlite Tech, with a stable outlook. Sterlite Tech focuses on designing, building and managing smarter networks through its unique silicon-to-software technology capabilities and operations in more than 100 countries.

Hong Kong, September 20, 2017 -- Moody's Investors Service, (Moody's) has assigned a B1 corporate family rating (CFR) to Sterlite Technologies Limited (Sterlite). This is the first time that Moody's has assigned a rating to Sterlite. The outlook is stable.

As the industry embarks on the path of creating a favourable 5G ecosystem in India, fibre deployments will become critical. In an interview with tele.net

Sterlite Tech has appointed Nischal Gupta as Chief Transformation Officer, Manish Sinha as Chief Marketing Officer and Sanjeev Bedekar as Chief Delivery & Technology Officer, Telecom Services

The jury of TelecomLead Awards 2017 has decided to present TelecomLead OSS/BSS Company award to Sterlite Tech for the company’s support to Indian telecom industry, technology innovation in the last 12 months.

The upsurge in data services is redefining telecom dynamics across the world. The bandwidth promised by 4G/5G technologies is setting new benchmarks for operators.

July 20: Sterlite Tech FY18 Q1 net profit has gone up 66 per cent at Rs 68.5 Cr Vs Rs 41.2 Cr YoY. To decode the quarter in detail, Deepanshu Bhandari of BTVi spoke to Anand Agarwal, CEO at Sterlite Tech.

Sterlite Technologies surges 12 percent on high volumes after posting good numbers with the highest ever quarterly revenue, highest ever order book and the highest ever quarterly export sales.

Optical fibre maker Sterlite Technologies today posted about 61 per cent jump in its consolidated net profit at Rs 60.59 crore for the quarter ended June 2017. 

Shares of Sterlite Technologies Ltd. jumped nearly 8 percent after the optical fibre maker reported its highest-ever quarterly revenue.

New Delhi, Jul 19 () Optical fibre maker Sterlite Technologies today posted about 61 per cent jump in its consolidated net profit at Rs 60.59 crore for the quarter ended June 2017.

Total income increased by about 23 per cent to Rs 75119 crore, its highest revenue till date, in the reported quarter compared to Rs 61148 crore in the same quarter of the previous fiscal

The company has reported the highest ever quarterly export sales of Rs 320 crore and highest order book of Rs 3140 crore at the end of this quarter.

Optical fibre maker Sterlite TechnologiesBSE 8.98 % today posted about 61 per cent jump in its consolidated net profit at Rs 60.59 crore for the quarter ended June 2017.

The Sensex closed up 244.36 points at 31955.35, while the Nifty ended up 74.75 points at 9901.90. This reflected with healthy increase in exports at 43% of revenues.

Sterlite Technologies consolidated revenue for the quarter came in at Rs. 716 crore, registering 27% yoy increase. With positive shifts in technology, national policies and consumption patterns for the creation of smarter broadband infrastructure, this quarter saw optical fibre demand showing a consistent upward trend in the global markets.

The race for 5G’s global market debut has begun, with South Korea’s KT Telecom setting the stage for the first-ever official demonstration of 5G technology during the 2018 Pyeong Chang Olympics.

Sterlite Tech , a global technology leader in smarter digital networks, is selected for the implementation of Smart City solutions in Kakinada, Andhra Pradesh, India.

Sterlite Tech, a Pune-based technology company, has bagged the Smart City Project in Kakinada, Andhra Pradesh.

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, on the occasion of the second anniversary of the Smart Cities Mission, announced the company’s selection for the implementation of Smart City solutions in Kakinada, Andhra Pradesh, India.

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, on the occasion of the second anniversary of the Smart Cities Mission, announced the company’s selection for the implementation of Smart City solutions in Kakinada, Andhra Pradesh, India.

NEW DELHI: Sterlite Tech said that has selected for the implementation of Smart City solutions in Kakinada, Andhra Pradesh. Kakinada was chosen among the first 20 cities in the first phase of the Smart City Mission

Sterlite Tech has bagged the mandate to serve as master systems integrater for the Smart City project in the port town of Kakinada in Andhra Pradesh. Sterlite will design, build and manage the systems for the Kakinada Smart City for the next six years.

NEW DELHI: Pune-based Sterlite Tech will work with top telecom operators and government for the implementation of Smart City solutions in Kakinada, Andhra Pradesh, it said in a statement Monday.

Pramod Kumar Srivastava , VP-Customer Unit , BharatNet and Smart Cities , Sterlite Technologies BharatNet, one of the world's most ambitious rural broadband projects, will have large-scale societal and economic impact by bringing online connectivity to 2.5 lakh gram panchayats (GPs) across the country.

Sterlite Tech has hired Steve Bullock in North America and Richard Eichhorn in EMEA as part of its strategy to strengthen its global leadership team.

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, has strengthened its global leadership team with the appointment of Steve Bullock in North America and Richard Eichhorn in EMEA to lead and strengthen its business initiatives in these geographies.

Sterlite Tech has strengthened its global leadership team with the appointment of Steve Bullock in North America and Richard Eichhorn in EMEA to lead and strengthen its business initiatives in these geographies.

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, has strengthened its global leadership team with the appointment of Steve Bullock in North America

Sterlite Tech has strengthened its global leadership team with the appointment of Steve Bullock in North America and Richard Eichhorn in EMEA to lead and strengthen its business initiatives in these geographies.

Sterlite Tech has strengthened its global leadership team with the appointment of Steve Bullock in North America and Richard Eichhorn in EMEA to lead and strengthen its business initiatives in these geographies.

MUMBAI: Sterlite Tech, an end-to-end global technology leader in smarter digital networks, has unveiled new optical communication technologies and integrated capabilities in designing

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, unveiled new optical communication technologies and integrated capabilities in designing, building and managing smarter digital networks at ANGA COM 2017.

Sterlite Tech said that it has unveiled new optical communication technologies and integrated capabilities in designing, building and managing smarter digital networks at Anga Com 2017.

Enabling digital transformation for the citizens of Gandhinagar – Sterlite Tech deploys next generation smart city services for Gandhinagar Municipal Corporation (GMC).

On the occasion of World Telecommunication and Information Society Day (WTISD) – 2017

“We support Bharti Airtel, Reliance Jio and Vodafone India and we are ready to make them aware of global case studies and train them with relevant skillset,” Mishra said.fibre-to-the-home connections

India has 1.25 million fibre-to-the-home connections, accounting for a mere 0.5% broadband connections in the country, FTTH Council Asia-Pacific vice president Arvind K Mishra told ET.

Sterlite Tech today reported a 16.27 per cent jump in consolidated net profit to Rs 63.66 crore in the January-March quarter this year, mainly on account of demand for fibre to build high speed networks.

Sterlite Tech on Wednesday reported a 16.27% jump in consolidated net profit to Rs63.66 crore in the January-March quarter this year, mainly on account of demand for fibre to build high speed networks.

Buoyed by growth in net profit, optical fibre firm Sterlite Tech plans to invest up to Rs 1,200 crore to scale up its optical fibre cable production in two years.

Sterlite Tech on Wednesday posted a profit after tax of Rs 64 crore in its fourth quarter results for year ended March 31,2017.

Sterlite Tech today reported a 16.27 per cent jump in consolidated net profit to Rs 63.66 crore in the January-March quarter this year, mainly on account of demand for fibre to build high speed networks.

Buoyed by growth in net profit, optical fibre firm Sterlite Tech plans to invest up to Rs 1,200 crore to scale up its optical fibre cable production in two years.

Q. What have been the key FTTx developments in the region over the past 12 months? We’re seeing a growing interest from tier 1 operators, independent service providers (ISPs)

Power & telecom products maker Sterlite Technologies Ltd on Wednesday said that the credit rating agency CRISIL has revised its rating outlook on its long-term bank facilities to ‘Positive' from ‘Stable'.

Sterlite Tech, an end-to-end global technology leader in smarter digital networks, has received CRISIL's rating upgrade to CRISIL AA-/Positive on its long-term bank facilities while reaffirming the rating at 'CRISIL AA-'. The rating on the company's commercial paper programme has been reaffirmed at 'CRISIL A1+'.

Sterlite Technology has received CRISIL rating upgrade to AA- on its long-term bank facilities, while reaffirming the rating at ‘CRISIL AA-’. The rating on the company’s commercial paper programme has been reaffirmed at ‘CRISIL A1+’.

CRISIL has revised its rating outlook on the long-term bank facilities of Sterlite Technologies (STL) to ‘Positive’ from ‘Stable’, while reaffirming the rating at ‘AA-’; the rating on the company’s commercial paper programme has been reaffirmed at ‘A1+’.

Sterlite Technologies is committed to transforming everyday living; be it through the company’s offerings or its contributions to society.Over the last two decades the company has proactively undertaken several initiatives related to education

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, is now providing high-quality optical fibre cables qualified with harmonised European EU305/2011 Construction Products Regulation (CPR).

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, is now providing high-quality optical fibre cables qualified with harmonised European EU305/2011 Construction Products Regulation (CPR).

Sterlite Tech (BSE: 532374, NSE: STRTECH), an end-to-end global technology leader in smarter digital networks, is now providing high-quality optical fibre cables qualified with harmonised European EU305/2011 Construction Products Regulation (CPR), the company said.

Sterlite Tech is now providing high-quality optical fibre cables qualified with harmonised European EU305/2011 Construction Products Regulation (CPR). All cable products in EU need to meet the CPR qualification and carry the CE marking by July 1, 2017.

Sterlite Tech [BSE: 532374, NSE: STRETCH], an end-to-end global technology leader in smarter digital networks, is now providing high-quality optical fibre cables qualified with harmonised European EU305/2011 Construction Products Regulation (CPR).

The Centre’s Smart City Mission means big business for companies in the housing, energy and transport segments. We shortlist likely winners

Nirmal Bang Securities, says he likes Dalmia Bharat in cement space, IRB Infra in infrastructure, Sterlite Technologies in digital and Ruchira Papers in paper space.

Startups are paving way to innovation such that could, if partnered with, lead to the making India a global leader in terms of technology.

The stock of Sterlite Technologies is a good buy for investors wanting to bet on the digital India theme and data boom. The company has a leadership position in the domestic optic fibre/cable space, with about 40 per cent market share.

For 1.5-year-old Delhi-based startup GetMyParking, the government’s 100 Smart Cities project is a mouth-watering business opportunity. “Smart city projects are about huge scale. We are talking about 100 smart cities and many more to come,” said Rasik Pansare

Zhenjiang (Jiangsu) [China], Mar. 21 (ANI): India and China jointly organised a Business and Investment Forum in Zhenjiang to introduce Chinese investors with opportunities available in India in sectors like renewable energy, smart cities, power sector

India and China jointly organised a Business and Investment Forum in Zhenjiang to introduce Chinese investors with opportunities available in India in sectors like renewable energy, smart cities, power sector, urban transportation and infrastructure as part of the Make in India initiative.

India dropped on the global list of billionaires this year with the total count of billionaires falling by 11, thanks to the demonetisation drive.

A Smart City Innovation Centre will come up at Punjab Engineering College in the first week of April. This was stated at a Smart City workshop, organized by PEC University of Technology on Wednesday.

Sterlite Tech [BSE: 532374, NSE: STRTECH], a global technology leader in smarter digital infrastructure, will be showcasing its end-to-end telecom solutions at MWC, Barcelona.

Indian telecom and software company Sterlite Technologies will be showcasing its telecom solutions at the Mobile World Congress (MWC 2017) in Barcelona. Optical communication products, network and system integration capabilities, Elitecore OSS/BSS, FTTX, smart city solutions are at display at MWC 2017.

Sterlite Tech [https://www.stl.tech/ ] [BSE: 532374, NSE: STRTECH], a global technology leader in smarter digital infrastructure, will be showcasing its end-to-end telecom solutions at MWC, Barcelona.

Sterlite Technologies is showcasing its end-to-end smarter telecom solutions at Mobile World Congress 2017, the company said on Monday. The company will be displaying high-quality optical communication 

Sterlite Technologies is showcasing its end-to-end smarter telecom solutions at Mobile World Congress 2017. The showcase includes high-quality optical communication & data cable products, network and system integration capabilities, Elitecore OSS/BSS, FTTx and Smart City solutions.

With a strong portfolio of over 125 patents, Sterlite Tech is home to India’s only Centre of Excellence for broadband research. Recently, Sterlite Tech’s fully integrated optical fiber (OF) manufacturing units at Waluj and Shendra

Sterlite Technologies, a global technology leader in smarter digital infrastructure, has won the prestigious Aegis Graham Bell Award 2016 for ‘Innovation in Telecom Infra’ category.

Sterlite Technologies is currently trading at Rs. 130.50, up by 0.75 points or 0.58% from its previous closing of Rs. 129.75 on the BSE.The scrip opened at Rs. 130.00 and has touched a high and low of Rs. 132.75 and Rs. 128.30 respectively.

Unique Wi-Fi and Enterprise Network Backhaul using neutral FTTx infrastructure, reduces cost of connectivity, brings ease of maintenance and enables affordable connectivity at public places

Stakeholders of the Indian telecom industry have responded to the Budget 2017 presented by Finance Minister Arun Jaitely.

With the announcement of India’s Union Budget 2017 – the government of India has further made clear its intentions on strengthening digital enablement infrastructure and telecom industry has express its support on this.

Speaking to CNBC-TV18, Anupam Jindal, Chief Financial Officer of Sterlite Tech, said the company is exploring the possibility of not just supplying fibre optic cables for the project, but also laying them out.

MUMBAI: Sterlite Technologies that owns a 40% market share of optic fibre in India said this Budget will help them immensely.

Overall, it’s a very positive and progressive budget. We welcome the Government’s move to initiate additional corpus and schemes to empower rural development, especially post demonetisation.

Overall, it’s a very positive and progressive budget. We welcome the Government’s move to initiate additional corpus and schemes to empower rural development, especially post demonetization.

The Budget has come up with a lot of initiatives to push the Digital India program but none of those in the wish list of the domestic smartphone makers, including incentives in the form of tax holidays and deductions, came through.

Sterlite Technologies Ltd.’s consolidated results for the quarter registered a beat on Reuters estimates. Revenue for the quarter came in 9.7 % higher than the estimated figure of Rs 667.1 crore.

Sterlite Technologies said its revenue rose 23 percent to Rs 732 crore, while profit grew 63 percent to Rs 30 crore in third quarter of fiscal 2017.

Optical fibre maker Sterlite Technologies today posted a 63 percent jump in consolidated net profit at Rs 49 crore in the third quarter ended December 31, 2016.

Optical fibre maker Sterlite Technologies today posted a 63 per cent jump in consolidated net profit at Rs 49 crore in the third quarter ended December 31, 2016.

KOLKATA: Homegrown optical fibre cable maker Sterlite Technologies has reported a 63% on-year jump in net profit to Rs 49 crore in the fiscal third quarter to December 2016, helped by strong organic growth of its international business and a robust order book position in its products business.

Sterlite Technologies, a part of mining group Vedanda Resources, is increasing its fibre production on the back of telcos’ fibre-to-the-home (FTTH) initiative. In an interaction with ET’s Romit Guha and Muntazir Abbas, company’s chief executive Anand Agarwal talks on the necessity 

To Ankit Agarwal, director, Sterlite Technologies, hiring is a process best done slow. At a time when companies stress on the `fail-fast' approach, Agarwal believes that haste in employing someone can turn into a costly mistake.

Voice and Data successfully hosted its 16th annual meeting of the Telecom ecosystem on 21st December 2016. This year the theme was ” The transformation imperative”.Today telecom industry is recognized as the backbone of the country in many ways and is going to play a transformative role in the coming years

As the Indian telecom industry embarks on a data-led growth journey, the outlook for the optic fibre cable (OFC) market looks very promising. A robust OFC network is a fundamental requirement for the successful execution of the Digital India, BharatNet and Smart Cities Mission projects.

Sterlite Technologies today said it designed, built and will manage Gandhinagar Smart Services, the first integrated smart city services project. Vijay Rupani, chief minister of Gujarat, announced the citizen centric smart services at the launch of the Gandhinagar Smart City.

Sterlite Technologies, a part of mining group Vedanta Resources, expects to more than double its order book in a year on the back of growing broadband infrastructure

The new Indian Telegraph Right of Way Rules, 2016, will streamline the process of clearances for setting up mobile towers by making provisions for single-window clearance through a nodal officer in states.

With an aim to resolve a long-pending issue being faced by the telecom industry, the Department of Telecommunications (DoT) has issued Right of Way (RoW) rules for rollout of communication networks to facilitate the installation of mobile towers

The Smart Cities Mission was launched in 2015 to develop an urban ecosystem for making cities more liveable, smarter and sustainable. Under the mission, the government envisages the creation of 100 smart cities through funds from the central and state governments along with urban local bodies (ULBs).

Sterlite Tech has bagged two Frost & Sullivan India Manufacturing Excellence Awards (IMEA) 2016 for its fully integrated optical fibre (OF) manufacturing units at Waluj and Shendra, Aurangabad.

Sterlite Tech, a telecom company which designs, builds and manages smarter data networks has bagged two Frost & Sullivan (F&S) India Manufacturing Excellence Awards (IMEA) 2016

He sports traditional Indian attire and speaks the language of the masses. But Prime Minister Narendra Modi appears equally at home on cyberspace platforms such as Twitter. Given his penchant for technology

Sterlite Tech (SOTL) is among the global leaders in Optical Communication Products such as optical fibres, fibre optic cables and data cables through its operations in India, China, Brazil and sales network across 5 continents.

The Smart Cities Mission of the Government is a bold, new initiative, where robust IT connectivity abd digitalization, good governance, especially e-Governce, would play critical role in the smooth delivery

Ratings agency Crisil Monday upgraded Pune-based Sterlite Technologies to stable (AA-/stable) in addition to credit upgrade to A1+. In May 2015, the firm attributed 'watch' rating following the company’s demerger into two different entities

Dr Badri Gomatam, CTO Sterlite Technologies, has been in the telecom industry for over 23 years. A graduate in electronics and communications from BIT, Ranchi, he received his master’s and Ph.D in electrical engineering from the University of Massachusetts.

We congratulate the Minister Manoj Sinha, DoT Secretary JS Deepak and the department of telecommunications for this historic amendment in the Indian Telegraph Act.

Industry associations COAI and ASSOCHAM have welcomed new uniform Right of Way (RoW) rules by the Department of Telecommunications (DoT).

The era of free Internet services through Wi-Fi in hotels, organisations, learning institutions and public venues like shopping malls and airports could be coming to an end.

Mr. Ramesh Abhishek, secretary, Department of Industrial Policy and Promotion (DIPP), began the discussion by outlining what steps the government has taken so far to increase EoDB.

Optical fibre maker Sterlite Technologies today said its board has approved an interim dividend of 25 per cent for the year 2016-17.

The Board of Sterlite Tech has approved an Interim Dividend of 25% ie Rs 0.50 per share of Rs 2 each for the year 2016-17. The record date will be on Friday, November 11, 2016.

Optical fibre maker Sterlite TechnologiesBSE -2.55 % today said its board has approved an interim dividend of 25 per cent for the year 2016-17.

Sterlite Technologies’ board has approved 25 per cent interim dividend, or 50 paise per share of Rs 2 each for 2016-17, with November 11, 2016, as record date.

Optical fibre maker Sterlite Technologies on Thursday posted a 40 per cent jump in consolidated net profit at Rs. 56 crore for the fiscal second quarter that ended on September 30, 2016.

Optical fibre maker Sterlite Technologies today posted 40 per cent jump in consolidated net profit at Rs 56 crore in the second quarter ended on September 30, 2016. The company registered a net profit of Rs 39.97 crore in the same period a year ago.

Sterlite Technologies Ltd STTE.NS * Sept quarter consol profit after tax of JV 508.3 million rupees * Sept quarter consol total income from operations 5.51 billion rupees

Sterlite Technologies’ consolidated Q2FY17 result came in mixed compared to our estimate. Revenue came in 13.4% lower than our estimate of Rs 636 cr yoy. EBITDA came in 13.6% lower than estimate of Rs 118 cr. However, net profit was 2.5% higher than the estimated figure of Rs 50 cr yoy.

Optical fibre maker Sterlite Technologies today posted 40 per cent jump in consolidated net profit at Rs 56 crore in the second quarter ended on September 30, 2016. The company registered a net profit of Rs 39.97 crore in the same period a year ago.

Sterlite Technologies has reported a strong quarter post a strong demand for optical fibre, supported by growth in China market.The company installed total of 6.1 million fkm in Q2FY’17 as compared to 5.5 million fkm in Q1FY’17, operating at close to 25 million fkm annual capacity.

Optical fibre maker Sterlite Technologies today posted 40 per cent jump in consolidated net profit at Rs 56 crore in the second quarter ended on September 30, 2016.

Optical fibre maker has posted 40% jump in consolidated net profit at Rs 56 crore in the second quarter ended on September 30, 2016. Similarly, the company had registered a net profit of Rs 39.97 crore in the same period a year ago.

Sterlite Tech is among the global leaders in Optical Communication Products such as optical fibers, fiber optic cables and data cables through its operations in India, China, Brazil and sales network across 5 continents.

With the promise of 1ms latency and 1,000 times more capacity than 4G, 5G scores top marks in terms of speed and efficiency. It will have the ability to interwork with different technologies and various types of devices, offering maximum efficiencies.

Sterlite Technologies, which designs, builds and manages smarter data networks for telecoms globally, announced the formation of its Advisory Board with industry leaders Sandip Das and BS Shantharaju.

Sandip Das, the ex-managing director (MD) of Reliance Jio, has joined the advisory board of Sterlite Technologies. Das had stepped down as MD of Jio in January last year.

Sterlite Technologies, which designs, builds and manages smarter data networks for telecoms globally, has formed an Advisory Board with industry leaders Sandip Das and BS Shantharaju.

Sterlite Technologies, the maker of optical communication products, network and system integration services, Wednesday said Sandip Das and BS Shantharaju have joined the company’s newly formed advisory board, 

Keeping in view that there is a need for data infrastructure in the country and it will have to be built, we expect Sterlite Tech to be one of the beneficiaries of the government's broadband rollout, said Anand Agarwal, Chief Executive Officer and Director at Sterlite Tech.

Sterlite Technologies recently demerged its power business and is now a pure play telecom company. With this change, the company realised there was a need to transform its identity to a younger company that will play a significant role in the digital transformation of the country.

Wires and cables are channels of power and data which empowers today’s civilized societies and thus it is imperative for any country to become self-reliant in the production of ample and quality wires and cables.

With the promise of 1ms latency and 1,000 times more capacity than 4G, 5G scores in terms of speed and efficiency. 5G will have the ability to interwork with different technologies and various types of devices, offering maximum efficiencies.

India is an idea, whose time has come. Within India and globally it is now a recognised fact based on economic and demographic. A few trends which have the catalyzing effect to put India on the fast track towards digitization are the growth of Smart Cities, Smart Villages, Mobile Banking for the Poor, Access to better education and Rural BPO.s

There's an interesting trend creeping into the marketing space. Consider telecom major, Airtel. The brand's latest campaign is all about towers. Not talk time, not data plans, and certainly not zaroori friends.

The discriminatory RoW costs across multiple states and inertia to high investments for long term ROI act as major deterrents for fiber investments across the country. Due to RoW, the cost of deployment goes up for the telcos.

The expo, organised by TEPC and NASSCOM from September 1-3, 2016, enables technology convergence among Indian and African ICT companies.Discussing opportunities in Africa

Sterlite Technologies, which designs, builds and manages smarter Sterlite Tech at the Indo-Africa ICT Expo 2016networks for telecoms globally, is participating at the 2nd Indo-Africa ICT Summit 2016 in Nairobi, Kenya.

Sterlite Technologies recently participated at the 2nd Indo-Africa ICT Summit 2016 in Nairobi, Kenya. The expo, organized by TEPC and NASSCOM was held from September 1 to 3, 2016 and it enabled technology convergence among Indian and African ICT companies.

A number of entrepreneurs, innovators and key players in the ICT and business industries from India and Kenya met as from yesterday in our country to discuss business and investments. This is the Indo-Africa ICT Expo we mentioned before. 

Appealing to the medium, small and medium entrepreneurs (MSMEs) to get more responsive to the changes in the market, as consumer needs keep changing and so does their expectation, experts urged them to tackle the quick changing consumer preference and meet market demand through different innovations.

Sterlite Technologies recently participated at the 2nd Indo-Africa ICT Summit 2016 in Nairobi, Kenya. The expo, organized by TEPC and NASSCOM was held from September 1 to 3, 2016 and it enabled technology convergence among Indian and African ICT companies.

Sterlite Technologies, which designs, builds and manages smarter networks for telecoms globally, is participating at the 2nd Indo-Africa ICT Summit 2016 in Nairobi, Kenya. The expo, organised by TEPC and NASSCOM from September 1-3, 2016, enables technology convergence among Indian and African ICT companies.

With the official introduction of 5G this year, several leading countries in Asia and Europe have taken the lead in 5G technology by conducting pre-5G tests and improvising network infrastructure. Their governments have also initiated consultations to identify the challenges and opportunities in 5G.

The Arrow ECS  has just been chosen by Sterlite Technologies, Indian manufacturer of fiber optic cables, as its sole distributor to reach across the country.

The agreement aims to expand the fiber optic cable sales market of Sterlite in the country with the micro and small Internet service providers (ISPs) making use of the Arrow-channel network spread throughout the country.

In a move that will disrupt the Indian telecom sector, Mukesh Ambani’s telecom company Reliance Jio on Thursday said it will start offering all domestic voice calls for free.

Sterlite Tech is a top manufacturer of optical fibers, fiber optic cables and data cables, and has operations in India, China, Brazil. Its products are used by top telecom operators in 75 countries across the world.

Broadband infrastructure is the backbone of the Government’s 100 Smart Cities, BharatNet and Digital India missions. The thrust of the government towards the successful completion of these projects has opened up various opportunities for companies operating in the domain. Sterlite Tech is one such leading player that has bagged Smart City development projects for Gandhinagar and Jaipur.

Broadband infrastructure is the backbone of the Government’s 100 Smart Cities, BharatNet and Digital India missions. The thrust of the government towards the successful completion of these projects has opened up various opportunities for companies operating in the domain.

Sterlite Technologies today announced the launch of Sterlite Academy that aims at creating certified network professionals for setting up data networks for Digital India, Smart City and 4G projects.

Optical-fibre cable maker Sterlite Technologies has announced the launch of Sterlite Academy. Sterlite Academy aims at creating a skilled talent pool of Smart Network professionals in India to enable the creation of smart data networks for Digital India, Smart Cities and 4G rollout.

Sterlite Technologies Monday launched Sterlite Tech Academy to create a skilled talent pool of smart network professionals in India.The talent pool will enable the creation of smart data networks for Digital India

Sterlite Technologies Ltd launched the ‘SterliteTech Academy’ on Tuesday which aims at creating a skilled talent pool of smart network professionals to enable the creation of smart data networks.

Sterlite Tech Academy Aims to Create a Certified Talent Pool of Smart Network Professionals, Sterlite Tech Academy Will Ensure High-rate of Reliability and Standardisation of Optical Fibre Network

Sterlite Technologies Ltd has informed BSE regarding a Press Release dated August 08, 2016 titled "Sterlite Tech redefines data network deployment standards - launches Sterlite Academy".

Sterlite Technologies, which designs, builds and manages data networks for telecoms globally, on Monday launched the Sterlite Tech Academy to create a talented pool of network professionals

Sterlite Technologies BSE -0.91 %, which designs, builds and manages data networks for telecoms globally, on Monday launched the Sterlite Tech Academy to create a talented pool of network professionals.

Sterlite Technologies - which builds and manages data networks for telecom companies globally - today announced launch of its Sterlite Tech Academy.

Sterlite Technologies, which designs, builds and manages data networks for telecoms globally, has launched Sterlite Academy. Sterlite Academy aims at creating a skilled talent pool of Smart Network professionals in India

Sterlite Technologies Ltd., which designs, builds and manages data networks for telecoms globally, announced the launch of Sterlite Tech Academy today.

Broadband infrastructure is the backbone of the Government’s 100 Smart Cities, BharatNet and Digital India missions. The thrust of the government towards the successful completion of these projects has opened up various opportunities for companies operating in the domain.

Broadband infrastructure is the backbone of the Government’s 100 Smart Cities, BharatNet and Digital India missions. The thrust of the government towards the successful completion of these projects has opened up various opportunities for companies operating in the domain.

Just analysing and discussing all the earnings that went by in the two that actually stand out, Tech MahindraBSE 0.33 % and the margin disappointment thereof and InterGlobe Aviation which again has missed street estimates.

The 24online HIA Solution Enables Seamless Internet Access to the Hotel Network Without the Need to Re-login Sterlite Technologies' Telecom Software Division-Elitecore announces successful deployment of its 24online Hospitality Internet Access (HIA) solution at 22 properties of Sarovar Hotels & Resorts across India. 

Sterlite Technologies' telecom software division Elitecore said that it has successfully deployed its 24online Hospitality Internet Access (HIA) solution at 22 properties of Sarovar Hotels & Resorts across India.

The 24online HIA Solution Enables Seamless Internet Access to the Hotel Network Without the Need to Re-login Sterlite Technologies Telecom Software Division-Elitecore announces successful deployment of its 24online Hospitality Internet Access (HIA) solution at 22 properties of Sarovar Hotels & Resorts across India.

Sterlite Technologies’ Telecom Software Division – Elitecore said that its 24online Hospitality Internet Access (HIA) solution deployed by Sarovar Hotels & Resorts for its 22 properties in India.The 24online HIA solution provides reliable and premium internet access to guests.

For global manufacturers to have a complete control and visibility of their assets in transit is very complex and challenging task due to infrastructural challenges like bad road networks, unskilled drivers, thefts and pilferages.

Sterlite Technologies Ltd. recorded a 29 percent increase in net comprehensive income to Rs 40 crore in the April-June quarter, from Rs 31 crore in the same quarter last year.

Optical fibre maker Sterlite Technologies on Monday reported a 29 per cent rise in its consolidated net profit at Rs 40 crore for the first quarter ended June 30, 2016.

Optical fibre maker Sterlite Technologies today reported a 29 per cent rise in its consolidated net profit at Rs 40 crore for the first quarter ended June 30, 2016.

India currently has 15% of its 600,000 towers connected on optical fibre, as compared to 65-80% in USA, China, Japan and Korea. Upgrading this connectivity to 100% will require significant investment and commitment from telecom operators to build future-proof 5G networks

Chattanooga, a small town of 171,000, in Tennessee, US, was once dubbed the dirtiest place in America. Today, it is famous, but for a different reason altogether—it is among the few places with internet speeds at 1Gbps, 50 times the average household internet speed the country enjoys.

The forecasts predicted by the Ericsson Mobility report issued in June 2016 clearly states that as many as 16 billion connected devices will be Internet of Things (IoT) technology-enabled by 2021. Globally, most analysts affirm the path of technological advancement is leading towards the path of IoT.

Over the last five years, Sterlite Technologies, which primarily deals in optical fiber cables, optic fiber products, and services around that, has been having a good run in terms of growth and margins. The company in 2016 joins the Rs 2000 crore plus revenue club.

Sterlite Technologies' Arvind Kumar Mishra has been appointed as a member of the board of directors (BOD) of Fiber-to-the-Home Council ( FTTH ) Asia Pacific. Mishra has been chair of FTTH APAC Smart Cities Committee until his recent appointment to the BOD.

 Sterlite Technologies today announced demerger of its power business into Sterlite Power Transmission to become a pure-play telecom firm.

The demerger of Sterlite Technologies is complete and will be effective from April 1, 2015. Keeping in mind the varying profiles of investors, the company decided to hive off its power business as Sterlite Power Transmission from Sterlite Technologies, which will continue to focus on telecom infrastructure.

Sterlite Technologies Ltd has announced the completion of the demerger of its power business into Sterlite Power Transmission Ltd effective from the appointed date of April 1, 2015.

Sterlite Technologies said that it has transformed itself into a pure play telecom-focused player following the demerger of its power business into Sterlite Power Transmission Ltd and completion of Elitecore Technologies' merger.

Sterlite Technologies is a global provider of transmission solutions for the Telecom and Power sectors. Sharing a common lineage with Vedanta Resources Plc, Sterlite is a player in optical fibres, fibre optic cables, power conductors and HV / EHV power cables, through its operations in India, China & Brazil.

Optic fibre and telecom cable maker Sterlite Technologies is in talks with carriers to deploy smart networks, which will have a life span of up to 25 years, far higher than the typical 7-8 years, a top executive said.

Sterlite Technologies, which is building efficiencies through its end-to-end telecom products, solutions and software offerings, awarded 90 female students with vocational training certificates through Jeewan Jyoti, its CSR initiative here.

The company said that it aims for time-bound development activities based on scientific and hi-tech strategies. This project will boost the heritage tourism industry and bring smarter living experience to the citizens in Japiur, which was selected under the Smart City Mission of Ministry of Urban Development launched in 2015.

As the telecom industry in India prepares for the next level of growth through new digital initiatives, let us look at the challenges that prevented the implementation of an effective broadband network in India in the past

Pratik Agarwal, the new CEO of Sterlite Power Transmission, is about to change that. The mega transmission project that would have required 5,000 mules to station 160 transmission towers in the state will now need none as the company is bringing in heavy-lift helicopters from American firm Erickson to airlift the towers

Dr. Agarwal opines that Pune needs to structurally plan a phased programme towards increasing its 'smart quotient' over the next few years. It should be in three phases: first phase on creating basic broadband infrastructure and services; second on increasing efficiencies of basic infrastructure like water, power and traffic

“The new organization design aims to sharpen the company’s focus on market opportunities by keeping customer at the core of all its operations,” the Mumbai-based company said in a statement, adding that the business will remain listed post the demerger of the power business.

Sterlite Technologies, founded by Anil Agarwal of Vedanta Group, is among the early companies to have bagged a smart city project. Sterlite, said senior official of the company, has bagged contract from Gandhinagar. The contract entails creating a Wi-Fi city, with applications like smart parking and lighting.

Sterlite Technologies, a Vedanta group company, is betting on optic fibre rollouts amid the government's nationwide optic fibre network programme and telecom operators' shift to 4G technology.In an interview to ET, Chief Executive Officer Anand Agarwal said that the government must provide revenue assurance

Pune-based Sterlite Technologies is setting up a customer experience centre in Gurgaon in Haryana, which will showcase the latest technologies that have not been commercially launched in India yet. The centre, which will be operational by June, is being set up at an estimated cost of Rs 20-25 crore.

Vedanta group company Sterlite Technologies, which is rolling out a fibre-to-the-home (FTTH) network in the country, has signed partnership deals with mobile carriers Bharti Airtel.

To fulfil the vision of Digital India, it is important to facilitate “Broadband to All” as a primary element. This requires tremendous network consolidation with huge investments in fibre optics.

The year 2016 will be remembered as the tipping point for solar energy. For the first time, it would be cheaper to produce your own electricity than buying it from the grid!Prime Minister Narendra Modi could not have asked for a better timing. The sharp drop in solar prices perfectly coincides with his first term.

Managing the movement of finished products from manufacturing facilities to the buyer has increasingly become a tedious for original equipment manufacturers (OEMs), due to infrastructural challenges such as bad road networks, unskilled drivers, thefts and pilferages, among other bottlenecks.

The transmission sector is set to see a 'bird' in action for the first time. Or more specifically, a heli-crane - also known as 'aircrane'.

Erickson will assist Sterlite Grid by flying materials and steel as well as utilising its S64 Aircrane to erect the towers along the powerline. The work will be performed at altitudes between 9,000 and 12,500 feet in a remote region of the Himalaya.

Sterlite Power today entered into partnership with Finland's unmanned aerial vehicles solutions provider Sharper Shape for inspection of power transmission projects.

I have been following the launch of Netflix in India with interest. As an avid movie buff who frequently transits between airports with time to kill, I am eager to experience their services here.

Narendra Modi will stand up in front of a packed house at New Delhi’s imposing Vigyan Bhavan conference hall on Saturday and declare India on the cusp of a digital revolution.

Rajasthan Atomic Power Project, constructed by Sterlite Grid, was awarded in 2013 and has been commissioned ahead of schedule

Sterlite Grid has commissioned transmission project linked to the Rajasthan Atomic Power Project (RAPP) ahead of its schedule, the company said in a statement on Saturday.

The line will strengthen transmission systems of the Rajasthan project and help in swapping power between the Northern and Western grids, firm tells stock exchanges

Sterlite Grid, India's largest private developer of independent power transmission systems, has set a new benchmark by commissioning the Transmission Project to Rajasthan Atomic Power Project (RAPP) ahead of schedule. Since the implementation of the Tariff Based Competitive Bidding (TBCB) regime, this is the first time a power transmission line has been commissioned ahead of schedule.

The outlook is a weak start. Global cues are weak for now. Focus will be on how corporate earnings pan out in the coming weeks. Investors may do well to remain cautious at these levels after a strong recovery in last three weeks and adopt a stock-specific approach.

India's largest award in field of TIME (Telecom, Internet, Media and Edutainment) and SMAC (Social, Media, Analytics, Cloud) was held on 27th November at NDMC Convention center in New Delhi. The awards honored (HONOURED) the best innovations in the field of TIME and SMAC.

A world without the Internet is now akin to one without basic utilities like gas, electricity, infrastructure and water. Much like electricity, it powers growth and just as roads do, it connects people.

The idea is to redefine the company’s brand purpose in line with its ambition and in keeping with changing market landscape and incredible opportunities in its field of operation.

Power and telecom gear maker Sterlite Technologies' standalone net profit has more than doubled to Rs 29.39 crore for the quarter ended September 30 driven by it's telecom segment.

The acquisition, according to the company was in line with the Sterlite's aggressive strategy in the telecom space.

Its total income increased to Rs 1,056.15 crore during the period under review from Rs 592.07 crore in the July-September 2014 quarter, a growth of 78.3 per cent.

Close on the heels of PM Narendra Modi rocking a galaxy of US I-Way stars, an American engineering company is poised to shake up India's brick-and-mortar power sector by using helicopters to lay transmission lines for the first time in the country.

Sterlite Grid will work with Burns & McDonnell to implement innovative designs and mechanised construction, which may include Heli-crane construction, micro-pile foundations, and special tower designs

Sterlite Technologies is set to acquire a telecom software product company, Elitecore Technologies, for around Rs 180 crore in an all-cash deal to widen its telecom portfolio.

Optic fibre and telecom cable maker Sterlite Technologies BSE 0.18 % has agreed to acquire Elitecore Technologies in a deal that puts the telecom software product firm's enterprise value at Rs 180 crore.

Sterlite Technologies Ltd has informed BSE regarding a Press Release dated September 22, 2015 titled "Sterlite Technologies announces acquisition of global telecom software company Elitecore Technologies".

Sterlite Technologies today announced the acquisition of telecom software product firm Elitecore Technologies at Rs 180 crore in an all-cash deal to widen its telecom portfolio.

Sterlite Power Grid Ventures, a subsidiary of Sterlite Technologies, completed commissioning of all eight elements of Bhopal Dhule Transmission project.

After winning a defence project worth Rs 2,500 crore, NRI billionaire Anil Agarwal-led power & telecom products manufacturer is now vying for another strategic project in the sector worth Rs 7,000 crore.

Sterlite Technologies Ltd has informed BSE that the Annual General Meeting (AGM) of the Company will be held on August 04, 2015.

"Sterlite Grid is the L-1 (lowest) bidder for the Maheshwaram power transmission project followed by Power Grid Corporation (L-2) and Kalpataru Power Transmission (KPTL) (L-3) as per the financial bids opened on Friday."

Sterlite Technologies, a global provider of solutions for the high-speed data transmission and power transmission networks, has announced a 73% rise in its revenues to Rs 975 crore for the quarter ended June 30, 2015 over the same period last year.

Billionaire Anil Agarwal-led Sterlite Technologies today announced an investment of Rs 40,000 crore to set up a LCD panel manufacturing plant in the country, generating about 50,000 jobs.

Prime Minister Narendra Modi's 'Digital India' drive will open up huge opportunities in health and education for rural areas, creating a large number of jobs, billionaire Anil Agarwal said.

When Narendra Modi takes the centre stage for an event involving the corporate sector, it is not surprising that the who's who of India Inc. would be there. On Wednesday, however, even a 15,000-capacity stadium in Delhi seemed trifle small for a venue when the Prime Minister launched the "Digital India Week" to empower citizens with the use of IT.

Vedanta Group's Sterlite Technologies Limited is planning Rs 20,000-25,000 crore worth of projects in a year as part of the Digital India programme. It is also looking at more partnerships, similar to the one with Ericsson, for smart city projects.

"Sterlite Technologies will play a responsible role in being a part of Digital India. We are already working on a project in J&K to connect the Defence establishment through optical fibres," Mr. Agarwal, who is the head of mining giant Vedanta Resources Plc, said.

Billionaire Anil Agarwal-led Sterlite Technologies, meanwhile, announced an investment of Rs. 40,000 crore to set up an LCD panel manufacturing plant in the country, generating about 50,000 jobs.

Shares of Sterlite Technologies were trading 1% up at Rs. 83.50 on BSE today. On Thursday, the company announced investment of Rs. 40,000 crore to set up a LCD panel manufacturing plant in the country.

We believe the revival of capex cycle by telecom firms is a good indicator especially if India has to catch up with the world. Globally 65-68 per cent of revenue comes from data, while in India this is around 13 per cent, hence it's a good opportunity for all of us in future, said Ankit Agarwal.

"Sterlite Technologies under the Digital India theme will also set up a LCD manufacturing plant in the country with an investment of Rs 40,000 crore and which will generate about 50,000 jobs"

Sterlite Power Grid Ventures, India's largest private developer and operator of independent transmission systems, bagged silver shield for early completion of transmission projects for commissioning 765 kV Substation at Dhule in 17 months instead of the scheduled 36 months.

In power transmission, a fairly new entrant Sterlite Grid was awarded for early completion of their 765 kV substation at Dhule, Maharashtra. Sterlite Grid which is the country's largest independent operator of transmission systems, is also now the first private player to win this award.

The Board approved to demerge the Power Products Business and the Power Transmission Grid Business into a separate entity named 'Sterlite Power Transmission Ltd.' (SPTL). The Board also approved the financial results for the quarter and financial year ended March 31, 2015.

Sterlite Technologies Ltd will spin off its power business into a separate unlisted company while retaining its telecom operations in the existing listed entity.

Power and telecom gear maker Sterlite Technology today reported about fourfold jump in its standalone net profit at Rs 39.13 crore for the fourth quarter ended March 31.

Power and telecom gear maker Sterlite Technology today reported about fourfold jump in its standalone net profit at Rs 39.13 crore for the fourth quarter ended March 31.

Sterlite Technologies will be demerging its power and telecom businesses in order to focus on each separately. "While the telecom business, the focus is on the growth that we are seeing from a solution provisioning perspective; on the power side, we are participating in the opportunities as an infrastructure developer and creator," Anand Agarwal, Director & CEO of Sterlite Technologies, told CNBC-TV18.

The Board approved to demerge the Power Products Business and the Power Transmission Grid Business into a separate entity named 'Sterlite Power Transmission Ltd.' (SPTL). The Board also approved the financial results for the quarter and financial year ended March 31, 2015.

Sterlite Technologies Limited to become a pure-play telecom products and solutions company providing broadband solutions for Fully Converged Networks; Demerge Power Products business and Power Transmission Grid Business into a separate company (Sterlite Power Transmission Limited)

Power and telecom gear maker Sterlite Technology on Monday reported about fourfold jump in its standalone net profit at Rs 39.13 crore for the fourth quarter ended March 31.

Revenues for the Q4, FY15 stood at Rs. 979 crores, an increase of 52% with respect to same period last year. Full year revenues stood at Rs. 3030 crores.

Power and telecom gear maker Sterlite Technology on Monday reported about four-fold jump in its standalone net profit at Rs.39.13 crore for the fourth quarter ended 31 March.

The power transmission business, one of the last vestiges of public-sector dominance, could soon see an influx of private players, with the Centre readying to award projects worth Rs 26,000 crore under the tariff-based competitive bidding (TBCB) route. The clutch of projects to be offered, in terms of their combined size, is more than 60% of all transmission sector projects awarded via TBCB over the last five years.

With states gearing up to modernise power distribution, the transmission infrastructure is set to undergo an overhaul. At least five major states with highest power consumption in the country are working with private companies to strengthen their transmission and distribution involving smart technology.

Sterlite Technologies plans to invest Rs 300-400 crore on expanding its fibre and cable manufacturing capacities to cater to increased demand mainly due to the data network expansion of telecom operators and the government's National Optic Fibre Network project that aims to connect 2,50,000 panchayats.

Sterlite Technologies is eyeing a substantial share of power transmission projects worth R20,000 crore coming up this year even as private transmission companies struggle against the state-owned monopoly, Power Grid. The company, which has three completed projects and three under-implementation projects to its credit, sees huge opportunities for private players in transmission. The company's CEO Anand Agarwal spoke to FE's Sumit Jha about the churning in the sector.

The Sterlite Group is fully integrated player in power transmission business with capabilities ranging from production of aluminium, manufacture of power conductors to development of power transmission infrastructure.

Sterlite Technologies is talking to government of India for overall implementation and execution of Digital India infrastructure which is created by BBNL (Bharat Broadband Network Limited). In this regard, TeleAnalysis caught up with Dr Anand Agarwal, chief executive officer, Sterlite Technologies to understand company's plan for Digital India, business model for NOFN and FTTH plan.