STL Logo
  • Industries
    • Menu Images
      Telco
      We help Telcos become future-ready

      by connecting each customer with the latest digital applications and
      ensuring a better user experience.

      Cloud Co.
      We help Cloud Companies innovate with intelligent edge

      by enabling future applications and immersive content, bringing
      compute, storage and connectivity to the edge.

  • Solutions
    • Menu Images
      • Optical Connectivity Solutions
      • Fibre Deployments Solutions
      • FTTx Access Network Solutions
      • Network Modernisation Solutions
      Opticonn
      Optical Connectivity Solutions

      In this era of digitisation, data has the power to change the world. While data continues to fuel innovation and technological advancement, the world has started to witness unprecedented growth in internet connectivity.

      Lead 360
      Hyper-Scale Networks

      The world is going hyperscale. Hyperscale networks will create superfast digital highways, fuel digital revolution and connect billions of humans and devices. Hyperscale networks demand massive fiberization.

      Fttx Mantra
      Next-Generation Scalable Network

      With an aim to create multi-gigabit access networks, Telcos and Enterprises across the globe are looking to build converged data networks that are reliable, scalable, resilient, and can support wireless and wired connectivity.

      Netmode
      Future–Generation Enterprise Networks

      Aging networks create several challenges - including lesser revenue, higher failure rates, lack of standardisation, interoperability, and compromised network security. Legacy networks severely limit the ability to respond to changing customer expectations, and hence reduce the business opportunities.

  • Portfolio
    • Menu Images
      Optical Interconnect Products
      • Glass Preform
      • Optical Fibre
      • Optical and Speciality Cables
      • Optical Interconnect Kits
      Global Services
      • Network Services
      • Fibre Rollout Services
      • Managed Services
      • Data Center Network
      • Private Enterprise Network
      • RAN Services
      Access Solutions
      • Programmable FTTx
      • 5G Small Cells
      • 5G Macro Radios
      • RAN Intelligent Controller
      • Wi-Fi 6 Access Solution
      Network Software Products
      • Digital BSS Platforms
      • Network Operations Platforms
      • 5G Monetization
  • Insights
    • Menu Images
      • Insights Center
      • Blogs
      • Webinars
      • Case Studies
      • Whitepapers
      • Newsletter
      • Knowledge Series
      • STL Stories
      • Application Notes
      • Glossary
      • Network Readiness Index 2020
      • STL 25
      • Events
      • Awards
      • Gallery
      • Network Readiness Index 2021
  • About Us
    • Menu Images
      • Investors
      • Newsroom
      • ESG
      • Life@STL
      • Company
      • Management
      • Contact Us
    • Menu Images
      Popular Searches
      WiFi
      5G
      Optical Fibre
      dTelco
      pFTTx
      Whitepaper
      STL25
      Optical Interconnet
      Optical Fibre Cable
      dWifi
      Garuda
      Branding
Media Banner

Media

  • Index
  • >>
  • Press Release
  • PRESS RELEASE
  • IN THE NEWS
  • MEDIA KIT

STL acquires Clearcomm, a UK-based Network Integration Company

- Globalising STL’s Network Integration Business, with local strength in UK and Europe
- Complements Data Centre interconnect capabilities in Europe with FTTx and network integration creating a unique end-to-end proposition

London, UK July 22nd 2021: STL [NSE: STLTECH], an industry leading integrator of digital networks, today announced the acquisition of Clearcomm Group Ltd, a UK based network integration company.

As network creators across the world deploy large scale networks for 5G, FTTx and Rural use cases, STL has been enhancing its end-to-end network and system integration solutions across the globe. As a part of this global strategy, STL is acquiring UK-based Clearcomm Group, to enhance the presence of its Network Integration solutions across UK and Europe.

Clearcomm is a privately held company that provides end-to-end network integration solutions and capabilities in the UK. Clearcomm has long standing relationships with marquee customers in the UK, with over a decade of experience. It has been generating profitable growth with revenues in the range of GBP 20 million and growth rates of over 25% over the past 3 years. Clearcomm has achieved this by developing an excellent delivery model for large scale FTTx network integration projects. These specialisations complement STL's existing leadership in Optical Connectivity and Data centre integration solutions, to create a differentiated value proposition for building national-scale, cloud-enabled, next-generation digital networks.

The transaction is structured to acquire 100% of the share capital in 2 tranches. Tranche 1 entails acquisition of 80% of the share capital which will happen immediately (subject to customary pre-closing conditions), and is based on an Enterprise Value of GBP 15.5 million. The balance 20% shareholding will be acquired in 2023.

Commenting on this development Stuart Evans and Richard Breffitt, Managing Directors, Clearcomm Group remarked, “STL has a global vision for enabling digital transformation, and has set off on an exciting growth journey. We, at Clearcomm, are looking forward to adding value with our network integration specialisation and being an integral part of this growth story.”

Welcoming Clearcomm on board, Dr Anand Agarwal, Group CEO, STL said “As digital infrastructure investments are increasing across the globe, STL is globalising its System Integration solutions to help build these advanced networks. With the addition of Clearcomm’s network integration expertise to STL’s Optical Connectivity and Data Centre integration capabilities, we are uniquely positioned to help our customers deliver the most advanced, deep-fiberised digital networks.”

About STL - Sterlite Technologies Ltd:

STL is an industry-leading integrator of digital networks.

Our fully 5G ready digital network solutions help telcos, cloud companies, citizen networks and large enterprises deliver enhanced experiences to their customers. STL provides integrated 5G ready end-to-end solutions ranging from wired to wireless, design to deployment and connectivity to compute. Our core capabilities lie in Optical Interconnect, Virtualised Access Solutions, Network Software and System Integration.

We believe in harnessing technology to create a world with next-generation connected experiences that transform everyday living. With a global patent portfolio of 582 to our credit, 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, cable and interconnect subsystem manufacturing facilities in India, Italy, China and Brazil, along with two software-development centres across India and one data Centre design facility in the UK.

For more details, visit: www.stl.tech, Twitter, LinkedIn, YouTube
Media Relations Agency Contact Investor Relations
Khushboo Chawla
Phone: +91-9711619114
Email: khushboo.chawla@stl.tech
Guneet Kaur
Phone: +91-8968909392
Email: guneet.kaur@genesis-bcw.com
Pankaj Dhawan
Phone: +91-8130788887
Email: pankaj.dhawan@stl.tech
STL
Industries
  • Telco
  • Cloud Co.
Solutions
  • Optical Connectivity Solutions
  • Fibre Deployment Solutions
  • FTTx Access Network Solutions
  • Network Modernization Solutions
Portfolio
  • Optical Interconnect Products
  • Virtualized Access Products
  • Network Software Products
  • Global Services
Insights
  • Webinars
  • Blogs
  • Newsletters
About Us
  • Management
  • ESG
  • Contact Us
  • Life
  • Investors
  • Newsroom
  • Sitemap
  • Terms of Use
  • Privacy Policy
© 2020-21 stl.tech All Rights Reserved.