Sterlite Technologies Ltd. rose
~7% in late morning trade after the company informed the exchanges that
it has been awarded a global data networks innovator, was recently
awarded the mandate to create a high speed rural broadband network from
Telangana Fiber Grid Corporation Ltd. (T-Fiber).
Supporting the vision to establish a ‘Digital Telangana’, T-Fiber and STL will work together for enabling affordable and high-speed broadband connectivity to 6 million rural citizens in the state of Telangana.
The Government of Telangana is taking big leaps to build and leverage the broadband infrastructure under BharatNet, which aims to provide broadband connectivity to all 250,000 gram panchayats in the country. As a state-led program, Telangana Government has initiated T-Fiber to provide broadband connectivity up to the household level across the state by rolling-out optical fiber and network infrastructure. STL was awarded a work order for about Rs1,100cr for Phase- 1 of the project.
The total project value is worth about Rs.1800 crore for which STL has received the letter of intent. This turnkey project entails designing and building an end-to-end rural broadband network across 11 districts, 3000 gram panchayats of Telangana and managing
Supporting the vision to establish a ‘Digital Telangana’, T-Fiber and STL will work together for enabling affordable and high-speed broadband connectivity to 6 million rural citizens in the state of Telangana.
The Government of Telangana is taking big leaps to build and leverage the broadband infrastructure under BharatNet, which aims to provide broadband connectivity to all 250,000 gram panchayats in the country. As a state-led program, Telangana Government has initiated T-Fiber to provide broadband connectivity up to the household level across the state by rolling-out optical fiber and network infrastructure. STL was awarded a work order for about Rs1,100cr for Phase- 1 of the project.
The total project value is worth about Rs.1800 crore for which STL has received the letter of intent. This turnkey project entails designing and building an end-to-end rural broadband network across 11 districts, 3000 gram panchayats of Telangana and managing
0 comments:
Post a Comment
Please add comment