STOCKWATCH
·
Other Telecom Services
Business Update24 Apr 2024, 11:05 pm

STERLITE TECHNOLOGIES' US-MANUFACTURED FIBRE OPTIC CABLES COMPLY WITH 'BUILD AMERICA, BUY AMERICA' PROVISIONS

AI Summary

STERLITE TECHNOLOGIES LTD. announced that its fibre optic cable products, manufactured in the US, are compliant with the Build America, Buy America (BABA) provisions of the Infrastructure Investment and Jobs Act (IIJA). The company also unveiled its Rapid series of fibre optic cables, which cater to various applications. STL is committed to serving the demand for federal and privately funded broadband projects, including those in the Broadband Equity, Access, and Deployment (BEAD) Program. With the inauguration of its North American headquarters in South Carolina in 2023, STL has created 125 full-time jobs.

Key Highlights

  • STERLITE TECHNOLOGIES' US-manufactured fibre optic cable products are BABA compliant
  • New Rapid series of optical fiber cables added to the In America, For America portfolio
  • STL is actively working with leading service providers for both federal and privately funded broadband projects
  • Expected to serve the demand for projects included in the Broadband Equity, Access, and Deployment (BEAD) Program
  • 125 full-time jobs created since the inauguration of the North American headquarters in South Carolina.
STLTECH
Other Telecom Services
STERLITE TECHNOLOGIES LTD.

Price Impact