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

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