Sterlite Technologies Ltd Share Price – NSE  / BSE

Cables, Small Cap

Under this partnership, STL will supply Swoop Infrastructure with optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop?s acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop?s commitment to expanding its fibre broadband network.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions.

Through this partnership, STL will support Swoop?s network upgrade with robust Layer-1 optical solutions tailored for brownfield deployments.

Rahul Puri, CEO of Optical Networking Business at STL, said: ?We are thrilled to be working with Swoop, one of Australia?s leading challenger telecom brands, to bring ultra-fast broadband to regional communities.

With our comprehensive portfolio of advanced optical solutions, we are enabling Swoop to build a high performance, reliable network that delivers next-generation connectivity.?

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

The scrip fell 2.05% to currently trade at Rs 74.69 on the BSE.

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Sterlite Technologies (STL) has partnered with Swoop Holdings to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the Home (FTTH) connectivity. Under this partnership, STL will supply Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. This project is led by Swoop's Head of Infrastructure, Anthony Camilleri, as part of the company's broader Fibre Broadband strategy for both retail and wholesale services.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Manufactured at STL's Zero Waste to Landfill certified facilities, these solutions set new industry standards for durability and environmental responsibility.

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Sterlite Technologies has completed the demerger of its Global Services Business. The services business will transition from Sterlite Technologies (STL) to STL Networks under the brand name Invenia.? This milestone marks the culmination of a strategic initiative to create two specialised, future-ready organisations poised for accelerated growth.

STL's demerged entity (now STL Networks) has delivered substantial value to its customers over the past decade. With its capability to build large-scale, IT infrastructure-led digital ecosystems, the business has been making significant strides in India and the UK. It has played a pivotal role in India's digital growth story, blending the spirit of nation-building and digital infrastructure creation. Over 1.35 lakh km of Optical Fibre network have been deployed nationwide in 23 states, positioning STL Networks as a trusted partner for delivering critical connectivity solutions.

This demerger is aligned with the long-term strategy of creating two highly specialised entities. This demerger will enable STL and STL Networks?to grow independently with enhanced agility and sharper focus on their respective customer segments, creating strong, distinct platforms for future growth. This will also bring more value to investors and strategic partners with a specific interest in the services business. Both businesses will have dedicated leadership teams with proven track records, ensuring a smooth transition and continued success. Rahul Puri will lead as the CEO of Optical Networking Business at STL, and Pankaj Malik will be the CEO of STL Networks.

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Sterlite Technologies (STL) has partnered with Swoop Holdings to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the Home (FTTH) connectivity. Under this partnership, STL will supply Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. This project is led by Swoop's Head of Infrastructure, Anthony Camilleri, as part of the company's broader Fibre Broadband strategy for both retail and wholesale services.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Manufactured at STL's Zero Waste to Landfill certified facilities, these solutions set new industry standards for durability and environmental responsibility.

Powered by Capital Market - Live News

Sterlite Technologies has completed the demerger of its Global Services Business. The services business will transition from Sterlite Technologies (STL) to STL Networks under the brand name Invenia.? This milestone marks the culmination of a strategic initiative to create two specialised, future-ready organisations poised for accelerated growth.

STL's demerged entity (now STL Networks) has delivered substantial value to its customers over the past decade. With its capability to build large-scale, IT infrastructure-led digital ecosystems, the business has been making significant strides in India and the UK. It has played a pivotal role in India's digital growth story, blending the spirit of nation-building and digital infrastructure creation. Over 1.35 lakh km of Optical Fibre network have been deployed nationwide in 23 states, positioning STL Networks as a trusted partner for delivering critical connectivity solutions.

This demerger is aligned with the long-term strategy of creating two highly specialised entities. This demerger will enable STL and STL Networks?to grow independently with enhanced agility and sharper focus on their respective customer segments, creating strong, distinct platforms for future growth. This will also bring more value to investors and strategic partners with a specific interest in the services business. Both businesses will have dedicated leadership teams with proven track records, ensuring a smooth transition and continued success. Rahul Puri will lead as the CEO of Optical Networking Business at STL, and Pankaj Malik will be the CEO of STL Networks.

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The order involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles.

The total value of the project stood at Rs 2,631.14 crore, which includes Rs 1,620.50 crore for capital expenditure (Capex), Rs 972.30 crore for operational expenditure (Opex) for the newly constructed network and Rs 38.33 crore for Opex for the existing network.

The project will be executed over a three-year period for construction, followed by a ten-year maintenance contract. The maintenance contract will have a rate of 5.5% per annum of Capex for the first five years and 6.5% per annum of Capex for the next five years.

The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Shares of Dilip Buildcon shed 0.10% to Rs 477.70 on the BSE.

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Under this partnership, STL will supply Swoop Infrastructure with optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop?s acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop?s commitment to expanding its fibre broadband network.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions.

Through this partnership, STL will support Swoop?s network upgrade with robust Layer-1 optical solutions tailored for brownfield deployments.

Rahul Puri, CEO of Optical Networking Business at STL, said: ?We are thrilled to be working with Swoop, one of Australia?s leading challenger telecom brands, to bring ultra-fast broadband to regional communities.

With our comprehensive portfolio of advanced optical solutions, we are enabling Swoop to build a high performance, reliable network that delivers next-generation connectivity.?

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

The scrip fell 2.05% to currently trade at Rs 74.69 on the BSE.

Powered by Capital Market - Live News

Sterlite Technologies (STL) has partnered with Swoop Holdings to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the Home (FTTH) connectivity. Under this partnership, STL will supply Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. This project is led by Swoop's Head of Infrastructure, Anthony Camilleri, as part of the company's broader Fibre Broadband strategy for both retail and wholesale services.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Manufactured at STL's Zero Waste to Landfill certified facilities, these solutions set new industry standards for durability and environmental responsibility.

Powered by Capital Market - Live News

Sterlite Technologies has completed the demerger of its Global Services Business. The services business will transition from Sterlite Technologies (STL) to STL Networks under the brand name Invenia.? This milestone marks the culmination of a strategic initiative to create two specialised, future-ready organisations poised for accelerated growth.

STL's demerged entity (now STL Networks) has delivered substantial value to its customers over the past decade. With its capability to build large-scale, IT infrastructure-led digital ecosystems, the business has been making significant strides in India and the UK. It has played a pivotal role in India's digital growth story, blending the spirit of nation-building and digital infrastructure creation. Over 1.35 lakh km of Optical Fibre network have been deployed nationwide in 23 states, positioning STL Networks as a trusted partner for delivering critical connectivity solutions.

This demerger is aligned with the long-term strategy of creating two highly specialised entities. This demerger will enable STL and STL Networks?to grow independently with enhanced agility and sharper focus on their respective customer segments, creating strong, distinct platforms for future growth. This will also bring more value to investors and strategic partners with a specific interest in the services business. Both businesses will have dedicated leadership teams with proven track records, ensuring a smooth transition and continued success. Rahul Puri will lead as the CEO of Optical Networking Business at STL, and Pankaj Malik will be the CEO of STL Networks.

Powered by Capital Market - Live News

Sterlite Technologies (STL) has partnered with Swoop Holdings to upgrade ~1,000 homes in Western Australia with high-speed Fibre-to-the Home (FTTH) connectivity. Under this partnership, STL will supply Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions, further strengthening digital infrastructure in the region.

The collaboration builds on Swoop's acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia. It marks a significant step in Swoop's commitment to expanding its fibre broadband network. This project is led by Swoop's Head of Infrastructure, Anthony Camilleri, as part of the company's broader Fibre Broadband strategy for both retail and wholesale services.

STL has a strong track record of enabling network operators to deploy and scale fibre networks with sustainable, high-performance optical solutions. Manufactured at STL's Zero Waste to Landfill certified facilities, these solutions set new industry standards for durability and environmental responsibility.

Powered by Capital Market - Live News

Sterlite Technologies has completed the demerger of its Global Services Business. The services business will transition from Sterlite Technologies (STL) to STL Networks under the brand name Invenia.? This milestone marks the culmination of a strategic initiative to create two specialised, future-ready organisations poised for accelerated growth.

STL's demerged entity (now STL Networks) has delivered substantial value to its customers over the past decade. With its capability to build large-scale, IT infrastructure-led digital ecosystems, the business has been making significant strides in India and the UK. It has played a pivotal role in India's digital growth story, blending the spirit of nation-building and digital infrastructure creation. Over 1.35 lakh km of Optical Fibre network have been deployed nationwide in 23 states, positioning STL Networks as a trusted partner for delivering critical connectivity solutions.

This demerger is aligned with the long-term strategy of creating two highly specialised entities. This demerger will enable STL and STL Networks?to grow independently with enhanced agility and sharper focus on their respective customer segments, creating strong, distinct platforms for future growth. This will also bring more value to investors and strategic partners with a specific interest in the services business. Both businesses will have dedicated leadership teams with proven track records, ensuring a smooth transition and continued success. Rahul Puri will lead as the CEO of Optical Networking Business at STL, and Pankaj Malik will be the CEO of STL Networks.

Powered by Capital Market - Live News

The order involves the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network for Bharatnet in the Jammu & Kashmir and Ladakh Telecom Circles.

The total value of the project stood at Rs 2,631.14 crore, which includes Rs 1,620.50 crore for capital expenditure (Capex), Rs 972.30 crore for operational expenditure (Opex) for the newly constructed network and Rs 38.33 crore for Opex for the existing network.

The project will be executed over a three-year period for construction, followed by a ten-year maintenance contract. The maintenance contract will have a rate of 5.5% per annum of Capex for the first five years and 6.5% per annum of Capex for the next five years.

The company also clarified that the contract does not involve any related party transactions and confirmed that neither the promoter, promoter group, nor any group companies have any interest in the awarding entity.

Sterlite Technologies is a leading global optical and digital solutions company providing advanced offerings to build 5G, rural, FTTx, enterprise, and data center networks.

The company reported a consolidated net loss of Rs 24 crore in Q3 FY25 as against a net loss of Rs 14 crore posted in Q2 FY25. Revenue from operations declined 10.76% quarter on quarter (QoQ) to Rs 1,261 crore in the third quarter of FY25.

Shares of Dilip Buildcon shed 0.10% to Rs 477.70 on the BSE.

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