Business Standard

Sterlite Tech gains 5% as Co partners with Airtel to build digital network

This modern optical network, Sterlite Technologies said, will enable Airtel to deliver world-class customer experience.

Stock markets, Shares
Premium

Shares of Sterlite Technologies had hit a 52-week high of Rs 611.70 on May 20, 2020.

SI Reporter New Delhi
Shares of Sterlite Technologies (STL) surged over 5 per cent to Rs 165.55 apiece on the BSE on Wednesday, a day after the company announced a partnership with Bharti Airtel to build a modern optical fibre network for the telco across 10 telecom circles.

This modern optical network, Sterlite Technologies said, will enable Airtel to deliver world-class customer experience through enhanced scalability, reduced latency, and improved bandwidth. The densely fiberised, future-ready network, will also form the foundation for many next-gen services such as 5G, fibre-to-the-home (FTTH), Internet of Things (IoT), enterprise networks, and Industry 4.0. CLICK HERE TO

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in