- The multi-year deal worth about Rs. 1800crore requires STL to design, build and manage a rural broadband network across 3000 gram panchayats in Telangana
Hyderabad,January 2, 2020: STL [NSE: STRTECH], a global data networks innovator, was recently awarded the mandate to create a high speed rural broadband network from Telangana Fiber Grid Corporation Ltd. (T-Fiber). Supporting the vision to establish a ‘Digital Telangana’, T-Fiber and STL will work together for enabling affordable and high-speed broadband connectivity to 6 million rural citizens in the state of Telangana.
Government of Telangana is taking big leaps to build and leverage the broadband infrastructure under BharatNet, which aims to provide broadband connectivity to all 250,000 gram panchayats in the country. As a state-led program, Telangana Government has initiated T-Fiber to provide broadband connectivity up to the household level across the state by rolling-out optical fiber and network infrastructure.
STL was awarded a work order for about Rs.1100 crore for Phase - 1 of the project. The total project value is worth about Rs.1800 crore for which STL has received the letter of intent.
This turnkey project entails designing and building an end-to-end rural broadband network across 11 districts, 3000 gram panchayats of Telangana and managing the network for an additional seven years.The project has a significant O&M revenue stream, close to 30% of the overall Project value.
The scope includes rolling out end-to-end network connectivity by deploying 64,000 kms of OFC (Optical Fibre Cable) Network, as well as deploying IP MPLS (Multiprotocol Label Switching), a routing technique and GPON (Gigabit Passive Optical Network), a point to multipoint access to create seamless network connectivity. STL will leverage its latest network solutions such as LEAD360, iCORE and FTTx Mantra to deliver this project.
Commenting on the announcement, KS Rao, CEO, Network Software and Services, STL, said, “We are excited to have been awarded the T-Fiber project. At STL, we are constantly working to innovate and create a smart digital ecosystem with our projects ranging from tower, home and enterprise connectivity to rural broadband and smart cities. The uniqueness of T-Fiber project is that it will connect every household across the rural part of the state through optical fiber and provide them high speed internet connectivity. Internet connectivity will enable economic growth and social well-being of rural citizens, thereby make this project a shining example for rural development. STL is proud to be associated with T-Fiber.”
“We are happy to get STL on board and work together towards achieving Telangana state’s goals of enabling high quality digital reach to the remotest of households within the state and making them future ready, as part of the broader ‘BharatNet’ project, said Sujai Karampuri, MD, T-Fiber & Director, ITE&C Department, Government of Telangana. “This initiative will work as a digital revolution that would bridge the digital gap between urban and rural India. With T-Fiber project, we aim to provide an infrastructure for affordable and high-speed broadband connectivity and digital services across the state.”
About Sterlite Technologies Ltd - STL
STL is a global leader in end-to-end data network solutions.
We design and deploy high-capacity converged fibre and wireless networks. With expertise ranging from optical fibre and cables, hyper-scale network design, and deployment and network software, we are the industry's leading integrated solutions provider for global data networks. We partner with global telecom companies, cloud companies, citizen networks and large enterprises to design, build and manage such cloud-native software-defined networks.
STL has innovation at its core. With intense focus on end-to-end network solutions development, we conduct fundamental research in next-generation network applications at our Centres of Excellence. STL has a strong global presence with next-gen optical preform, fibre and cable manufacturing facilities in India, Italy, China and Brazil, along with two software-development centres across India and one datacentre design facility in the UK.