August 5: Sterlite Technologies Ltd (STL) has secured a **long-term international supply agreement worth approximately USD 210 million from a leading global telecom infrastructure company, strengthening its position in the global optical networking market.
The company disclosed the development to stock exchanges under Regulation 30 of the SEBI (LODR) Regulations, 2015.
Key Order Details
According to the filing:
- Order Value: Approximately USD 210 million
- Customer: Leading international telecom infrastructure company
- Nature of Contract: Long-term supply agreement
- Product: High-density optical fiber cables
- Execution Period: Calendar Years 2027–2029 (CY27–CY29)
- Type of Order: International
The agreement covers the supply of high-density optical fiber cables, which play a crucial role in expanding high-speed broadband, 5G networks, and next-generation telecom infrastructure worldwide.
Boost for STL’s Global Business
The latest international contract reinforces Sterlite Technologies’ growing presence in global telecom infrastructure and highlights the increasing demand for optical fiber solutions driven by digital transformation, hyperscale data centers, fiber-to-the-home (FTTH), and 5G deployments.
The company clarified that the order does not involve any related-party transaction, and neither the promoter nor promoter group has any interest in the awarding entity.
About Sterlite Technologies
Sterlite Technologies Ltd (STL) is a leading provider of optical networking solutions, offering products and services across optical fiber, optical connectivity, network software, and digital infrastructure for telecom operators, enterprises, and governments globally.
