
Business Update1 Aug 2026, 10:50 pm
Sterlite Technologies Secures ₹960 Cr Order from Domestic Telecom Operator
AI Summary
Sterlite Technologies Limited (STL) has announced the bagging of a significant order from a domestic telecom operator. The order is for a multi-year supply agreement, initially for two years and extendable by another two years upon mutual agreement. The contract involves the supply of optical fibre cables as per customer specifications, with execution expected in FY28 and FY29. The estimated value of this order is approximately INR 960 crore. This deal underscores STL's continued role in supporting domestic telecom infrastructure development.
Key Highlights
- STL awarded a multi-year supply agreement for optical fibre cables.
- Order value estimated at approximately ₹960 crore.
- Execution timeline set for FY28-FY29, with extension options.
- The contract is with a domestic telecom operator.
- This strengthens STL's position in the domestic market.
Price Impact
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