Appoints Steve Bullock to drive growth in North America and Richard Eichhorn
to strengthen presence in Europe, Middle East and Africa
London, England – June 22, 2017: 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 engages in six continents and more than 100 countries, with a smarter digital networks focused business panning across optical communication products, system integration services and OSS/BSS software. The company has a unique silicon-to-software capability that enables it to design, build and manage smarter data networks for key customers such as global service providers, smart cities, rural broadband and large enterprises.
With 146 patents and industry recognitions for customer engagement and product excellence, Sterlite Tech has a growing presence in the North American and EMEA markets. Steve will be responsible for enabling Sterlite Tech’s engagement with leading telecom, internet and CATV service providers in North America. Steve brings 25 years of experience in telecom and technology sectors, with companies such as IBM, General Instrument, Motorola and Google. His recent association was with TE Connectivity as VP-Global Go-to-Market for BroadbandNetwork Solution Division. He has completed his Bachelor’s in European Economics from Nantes University, France.
Richard will be responsible to strengthen Sterlite Tech’s presence in Europe, Middle East and
Africa. With 28 years of experience in ICT, structured cabling, datacom, telecom cables, network
equipment, hardware and services, Richard has been associated with companies such as Reichle
& De-Massari AG, Nexans Cabling Solutions, Anixter and Alcatel Connect. His last assignment
was with Wesco International Inc as Sales Director – EMEA. He has completed his higher
technical education in Energy and Telematica and NIMA Sales A and Sales B courses from ISW,
Highlighting the appointments, Ankit Agarwal, Head – Global Sales (Telecom Products),
Sterlite Tech, said, “With many governments including the broadband agenda in their policy-
level initiatives, we are witnessing increasing investments in smarter network technologies. Both
Steve and Richard have vast experience in the Americas, Europe and Asia, which will enable
deeper understanding of customers’ network requirements.”
Asserting Sterlite Tech’s expanding global presence and capacities, Dr Anand Agarwal, CEO, Sterlite Tech, said, “We are witnessing a digital revolution globally with positive shifts in technology, national policies and consumption patterns. With developing technologies such as Cloud Computing, Augmented Reality and Internet of Things, governments globally are committed to enabling this digital revolution through national and rural broadband plans. We are facilitating this digital revolution through smarter network technologies that are the backbone of scalable broadband infrastructure.” Adding further, he said, “We are also expanding our manufacturing capacities to 50 million fkm and smarter network capabilities, in line with the global demand trends. Steve and Richard will lead this expansion into the North American and EMEA markets.”
Sterlite Tech’s optical fibre, optical fibre cable and data cables are enabling eight among top 10 telecom operators across the world with its fibre for tower, data backhaul and last-mile connectivity solutions. This is supported by the Company’s three key pillars of technology and innovation, exponential customer engagement, and strong talent and culture.
About Sterlite Technologies:
Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs,
builds and manages smarter digital networks. Sterlite Tech engages in six continents and more than 100
countries, with a digital networks focused business panning across products, services and software –
optical communication products, network & system integration services and OSS/BSS software solutions.
The Company has state-of-the-art manufacturing facilities in India, China & Brazil, and aims to transform
everyday living by delivering smarter networks. With a strong portfolio of over 146 patents, Sterlite Tech
is home to India’s only Centre of Excellence for broadband research. Projects undertaken by the company
include intrusion-proof smarter data 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.