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Sterlite Technologies Ltd.

BSE: 532374 Sector: Engineering
NSE: STRTECH ISIN Code: INE089C01029
BSE LIVE 15:58 | 23 Oct 260.35 2.05
(0.79%)
OPEN

259.85

HIGH

262.55

LOW

255.10

NSE 15:52 | 23 Oct 260.55 2.10
(0.81%)
OPEN

259.00

HIGH

263.50

LOW

255.00

OPEN 259.85
PREVIOUS CLOSE 258.30
VOLUME 217814
52-Week high 277.40
52-Week low 85.00
P/E 56.72
Mkt Cap.(Rs cr) 10,428
Buy Price 260.35
Buy Qty 5099.00
Sell Price 0.00
Sell Qty 0.00
OPEN 259.85
CLOSE 258.30
VOLUME 217814
52-Week high 277.40
52-Week low 85.00
P/E 56.72
Mkt Cap.(Rs cr) 10,428
Buy Price 260.35
Buy Qty 5099.00
Sell Price 0.00
Sell Qty 0.00

Sterlite Technologies Ltd. (STRTECH) - Chairman Speech

Company chairman speech

Dear Shareholders

I am delighted to present Sterlite Tech's 17th Annual Report to the Company'sshareholders.

We are very excited to be a part of the digital revolution that is taking placeglobally – positive shifts in technology national policies and consumption patternsare all coming together to create an environment of immense optimism. We are seeingdeveloping technologies such as Cloud Computing Augmented Reality Driverless CarsInternet of Things and 3D printing that will impact the everyday lives of humans throughadvanced and more accessible healthcare education potable water utilities and othercritical services.

Governments globally are committed to enabling this digital revolution. Over 150countries have announced national and rural broadband plans with India being among thoseat the forefront with the honourable Prime Minister Sri Narendra Modi's vision of DigitalIndia BharatNet and Smart Cities.

Underlying all these trends is data – exponential amounts of data that needs totravel at extremely high speeds in secure environments. Optical fibre is the ideal mediumto enable smarter networks on which this data is carried and we are one of the only fewfully integrated fibre manufacturers globally. We have a strong system integrationbusiness which gets further strengthened with our telecom software capabilities fornetwork operations billing and monetisation. This creates a unique silicon-to-softwarecapability which is unparalleled in the world.

Our Company is fortunate to be a part of this revolution. Sterlite Tech's capacity andcapability mix is ideal to lead the designing building and managing of these smarternetworks. And with these unique capabilities we are privileged to be in a position toimpact the lives of over a billion people as we enable them to come online. We are proudto be associated with digitally building the nation and impacting the lives of fellowcitizens.

Globally too we partner with customers in over 100 countries to enable the digitalrevolution. We work with eight of the top 10 global telcos with significant globalpresence.

Our Company's purpose is to transform everyday living by delivering smarter networks.We design build and manage broadband networks for key customers - Global ServiceProviders Smart Cities Rural Broadband and Large Enterprises such as Defence.

This is supported by our three key pillars of Technology and Innovation ExponentialCustomer Engagement and extremely strong Talent and Culture. Underlying these are the corevalues of our Company – Promises Delivered; Hunger to Learn; Respect and Empathise;and Keep it Simple.

We believe we have a unique opportunity to make a difference and are thankful for yourcontinued support as we work towards impacting lives globally through our smarternetworks. We are also thankful to our employees for believing in this dream and joyfullyplaying their role in transforming everyday living by delivering smarter networks.

Anil Agarwal

Chairman Board of Directors