Sterlite Technologies shares jump over 11%, stock up 23% in six sessions; check details

On Monday, the company, in its press release, announced the launch of a new generation of data centre solutions, ranging from cabling to end-to-end connectivity offerings designed to power the relentless demands of AI-driven data centre infrastructure.

This new-age solution is engineered to meet the exact requirements of hyperscalers, colocation players, enterprises and telecom service providers to build agile, scalable, and sustainable data centre infrastructure.

With the global data centre market projected to reach $517 billion by 2030 (growing at a CAGR of 10.5% from 2021 to 2030), legacy infrastructure cabling systems are buckling under the demands for lower network latencies, rising network speeds and density requirements, as well as sustainability mandates.

With this launch, STL bridges this gap by bringing to the core its 30+ years of leadership in optical network connectivity.

STL’s data centre products are designed, manufactured, and tested in a state-of-the-art manufacturing facility, meeting international standards. STL’s solutions are fully compliant with ANSI/TIA-942, TIA-568 and ISO 11801 standards and backed by a 25-year performance warranty, ensuring reliability, the press release added.

Sterlite Technologies' Data Centre solution includes high-performance fibre and copper cabling solutions designed for modern buildings, campuses, and data centres. Copper systems ensure reliable data, security, and AV connectivity, while the riser and campus fibre cabling support high-speed, low-latency networking for smart infrastructure.

Pre-terminated multi-fibre systems with LC/MPO connectors provide scalable, space-efficient solutions ideal for data centres. STL Celesta, high-density IBR technology, offers a high-capacity, low-latency solution for scalable, future-ready deployments for inter-data centre connectivity, the press release added.

Last week, Sterlite Technologies announced an agreement with state-run Bharat Sanchar Nigam Limited (BSNL) for a ₹2,631.14 crore telecom project.

According to an exchange filing on June 11, the company, via its Global Services Business (the demerged business vertical), in consortium with infrastructure developer Dilip Buildcon Ltd, entered into an agreement with BSNL. The order size is ₹2,631.14 crore.

The deal is related to the design, construction, installation, operation, upgrading, and maintenance of BharatNet's middle-mile network for the Jammu and Kashmir and Ladakh Telecom Circles – Package 13, the regulatory filing said.

About Sterlite Technologies

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