Sterlite Tech has just got a shot in the arm from Airtel
Synopsis
Sterlite Technologies has rapidly upgraded its business from manufacturing optical fibre cables to providing integrated digital network solutions.
ET Intelligence Group: Shares of Sterlite Technologies gained nearly 4% on Wednesday after the company received an order from Bharti Airtel to build an optical fibre network across 10 telecom circles in the country. While the deal size was not disclosed, the Sterlite management told ET that this is an end-to-end order consisting of products and services and will contribute nearly 10% to the company’s revenue in the second half of FY21 with
To Read the Full Story, Become an ET Prime Member
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Access the exclusive Economic Times stories, Editorial and Expert opinion
Why ?
Sharp Insight-rich, Indepth stories across 20+ sectors
Access the exclusive Economic Times stories, Editorial and Expert opinion
Clean experience with
Minimal AdsComment & Engage with ET Prime community Exclusive invites to Virtual Events with Industry Leaders A trusted team of Journalists & Analysts who can best filter signal from noise
