Pune, India – October 12, 2016: Sterlite Technologies, which designs, builds and manages smarter data networks for telecoms globally, today announced the formation of its Advisory Board with industry leaders Sandip Das and BS Shantharaju.
The Advisory Board will provide strategic guidance and direction on the company's growth roadmap and focused capabilities in the highly evolving digital communications industry. Both Sandip Das and Shantharaju have experience in creating large customer and service oriented companies. Both are committed to work closely with Sterlite Tech in creating a smarter broadband infrastructure in the country.
Highlighting the role of the Advisory Board, Pravin Agarwal, Vice Chairman, Sterlite Tech, said, "With the telecom space fast transforming, Sandip and Shantharaju will provide us insights and direction to achieve our purpose of transforming everyday living by delivering smarter networks." He added, "These are exciting times for India as smarter broadband highways are required especially to realise the government's vision of Digital India, Smart Cities and BharatNet."
Elaborating on the responsibilities of the Advisory Board, Dr Anand Agarwal, CEO, Sterlite Tech, said, "It is an absolute delight to seek industry insights and validation of our strategic direction. Both Sandip and Shantharaju are advising us on technology and governance systems to make the business future ready." Adding further, he said, "We will continue to leverage their expertise on strategic approach, customer propositions and talent building."
Shantharaju's CEO experience spans over 15 years with Indus Towers, GMR Group, Delhi International Airport and Managing Director, Gujarat Gas Company. He was the CFO of SmithKline Pharmaceuticals as well. Shantharaju is a Qualified Accountant and holds Master's degree from International Institute of Management, New Delhi. He is an alumnus of London Business School.
Sandip is one of Asia's most respected telecommunications professionals and an acclaimed Chief Executive. He is ex-MD of Reliance Jio, Group-CEO, Maxis Communications and Hutchison Essar Telecom (now Vodafone), India. He was one of the founding members of private telephony in India and was part of the group of individuals that founded Hutchison Max Telecom in 1994. Presently, he is associated with Analysys Mason as a senior adviser. Sandip has done his MBA from FMS, Delhi and holds mechanical engineering degree from NIT, Rourkela.
He has completed Advanced Management Programme from Harvard Business School and figured four times on the Global Telecom List of 100 most powerful People in Telecom since 2010.
About Sterlite Technologies:
Sterlite Technologies Limited designs, builds and manages smarter data networks for telecoms globally. Sterlite Tech is a pure-play telecom focused business that develops & delivers optical communication products, network & system integration services and software solutions. Sterlite Tech is among the leaders in all its business areas and has operations on a global scale with manufacturing presence in India, China and Brazil. Sterlite Tech aims to transform everyday living by delivering smarter networks. Sterlite Tech is India's only fully integrated provider of optical fibre preforms, optical fibres and cables. With a strong portfolio of over 125 patents, Sterlite Tech is home to India's only Centre of Excellence for broadband research. Projects undertaken by the company include intrusion-proof secure network for the Armed Forces, rural broadband for BharatNet, Smart Cities' development, and establishing high-speed Fibre-to-the-Home (FTTH) networks.
Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies' expected financial position, business strategy, the future development of Sterlite Technologies' operations and the general economy in India, are forward looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies' present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies' industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies' control, include, but are not limited to, those risk factors discussed in Sterlite Technologies' various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com.