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Sterlite Technologies Ltd
Sterlite Technologies Ltd Company History
Sterlite Technologies The Company is a global leader in end-to-end data network solutions. The company designs and deploy highcapacity converged fibre cables and wireless networks. With expertise ranging from optical fibre and cables, hyper-scale network
1988
Copper telecom cables facility started
1988
1992
Fiber Optic cables facility started
1992
1995
Optical fiber facility started
1995
1997
Expansion of optical fiber capacity to 1 million-km
1997
2000
Demerger of telecom business from Sterlite Industries Limited
Incorporation of Sterlite Optical Technologies Limited
2000
2001
As per the Scheme of Demerger the compay has allotted 5,59,12,559 No. of equity shares
of face value Rs 5 aggregating Rs 27.95 crore as per the Scheme.
The Company has signedan MoU with General Cable Corporation, a US wire and cable
manufacturing company, to form a 50:50 joint venture company in the US to manufacture
and market optical fibre cable products.
The Company has signed an MoU with General Cable Corporation US, whereby GCC's
existing optical fibre cable manufacturing operations would be spun off into a joint venture.
The Credit Rating Information Services of India Ltd. Crisil has assigned a rating of `P1+'
indicating `very strong' to the Rs 150 crore commercial paper programme of the company.
The Company allotted 79,996 No. of Equity shares on exercise of options by employees
as per the ESOP scheme.
2001
2002
Expansion of optical fiber capacity to 4 million-km
Offices opened in China & United Kingdom
Shifted its office to 7, Kirol Road, Vidyavihar - west , Mumbai 400 086. Tel No : 5152768/5982300/5983302. Fax No: 5983720.
2002
2004
Structured data cables facility started
Top Telecom Cables Company in India
2004
2005
Top Telecom Cables Company in India
Delist securities from Delhi Stock Exchange Association Ltd (DSE) with effect from January 20, 2005.
2005
2006
Acquisition of power transmission business from Sterlite Industries Ltd
Commencement of telecom integration & managed services business
Offices started in Thailand, Russia & UAE
ELCINA Award
2006
2007
Expansion of optical fiber capacity to 6 million-km
Expansion of power conductor capacity to 115,000 MT
Company has changed its name from Sterlite Optical Technologies Ltd. to Sterlite Technologies Limited
Office started in South Africa
Sterlite Optical Technologies Ltd on March 23, 2007 has announced the launch of Sterlite BEND-LITE (E) Single Mode Optical Fiber specially designed for market requirements of FTTx (Fiber-to-the-Home/Premise) networks and applications.
Ramkrishna Bajaj National Quality Award (RBNQA)- Certificate of Merit 2007
2007
2008
Office started in USA
Sterlite Technologies wins US$ 17.5 Million contract from EEPCo, Ethiopia.
Deloitte Technology Fast 500 Asia Pacific 2008
TEMA National Telecom Award 2008 - Excellence in Exports
2008
2009
Expansion of optical fiber capacity to 12 million-km
Expansion of fiber optic cable capacity to 6 million-km
Expansion of power conductor capacity to 160,000 MT
Sterlite Technologies wins Rs 372 crore BSNL contract
Asia Pacific Entrepreneurship Award (India) 2009
2009
2010
Sterlite Technologies wins the first mega independent power transmission project.
Sterlite Technologies have recommended a Final Dividend of 25% (Rs. 0.50/- on Equity Share of Rs. 2/- each of the Company)
Sterlite Technologies has given the Bonus in the Ratio of 1:1
Company has splits its Face value of Shares from Rs 5 to Rs 2
2010
2011
Sterlite Tech to develop 765kV transmission system
Sterlite Technologies chosen to enhance network for promotion of Higher Education in India
Sterlite power conductors selected for high voltage & green energy transmission systems.
Sterlite Tech bags Rs 114 crore contract from BSNL
2011
2012
Sterlite Technologies signs financial agreements for two of its grid projects
Sterlite Technologies have recommended a Final Dividend of 15% (Rs. 0.30/- on Equity Shares of Rs. 2/- each of the Company)
2012
2013
Sterlite Technologies Ltd has informed regarding a titled "Sterlite Technologies receives new orders pegged at around Rs. 630 Crores"
Sterlite Technologies Ltd has informed regarding a titled "Sterlite Technologies launches enhanced family of bend-insensitive fibers"
"Sterlite Technologies enters into joint venture with Conduspar Condutores Eletricos to manufacture optical fiber cable in Brazil"
"Sterlite Grid wins two more power transmission projects".
2013
2014
"Sterlite Grid commissions two lines and two substations of the Bhopal - Dhule Transmission project"
Sterlite Technologies Ltd has informed regarding a titled "Sterlite Grid has been awarded a power transmission project to deliver over 1000 MWs of electricity from Punjab to the Kashmir Valley."
"Sterlite Grid completes India's First Ultra Mega Power Transmission Project"
" Sterlite Technologies enters into a Joint Venture with VISCAS to manufacture Extra High Voltage Cables in India"
"Sterlite Technologies to implement end-to-end rollout of Optical Fiber Network for Defense services"
"Sterlite Technologies successfully tests multi-terabit data transmission over long haul network".
2014
2015
Sterlite Technologie - Sterlite Grid announces successful refinancing of India's first Ultra Mega Transmission Project, ENICL
Ericsson to work with Sterlite for smart city initiatives
Sterlite Technologie - Sterlite Commissions First 765 kV Transmission Project in Private Sector
Sterlite to set up LCD manufacturing plant
Sterlite Grid's Jabalpur Transmission Project to Boost Power Access
Sterlite acquires telecom software company Elitecore
Sterlite Technologies Ltd. the Registered Office of the Company is shifted from Survey No 68/1, Rakholi Village, Madhuban Dam Road, Silvassa, Dadra & Nagar Haveli 396 230 to E 1, MIDC Industrial Area, Waluj, Aurangabad, Maharashtra 431 136.
Sterlite Grid and Burns & McDonnell join hands to introduce world class engineering and construction methodologies in Power Transmission Projects
2015
2016
Sterlite Tech wins second smart city project in Jaipur
Sterlite Technologies launches Sterlite Academy
Sterlite Tech features among '100 Best Companies to work for Women in India
Sterlite Tech wins Telecom Leadership Forum Awards for transforming the Broadband infrastructure space
Sterlite Tech wins 2 Frost & Sullivan 2016 Awards
2016
2017
STL Wins CII-ITC Sustainability Award 2017 for Excellence in Corporate Social Responsibility.
Sterlite Technologie - Sterlite Tech wins Aegis Graham Bell Award for 'Innovation in Telecom Infra'.
Sterlite Tech unveils 1152 F variant cables at IMC 2017.
Sterlite Tech bags Golden Peacock Award.
Sterlite Tech launches high-speed 5G ready network solution.
2017
2018
Sterlite Technologies zooms 10% on winning new order.
Sterlite Tech bags order from Indian Navy.
Sterlite Tech wins MahaNet citizen network project in Maharashtra".
Sterlite Tech arm completes acquisition of Metallurgica Bresciana.
2018
2019
Sterlite Technologies Limited has informed the Exchange about Acquisition of European Data Centre design & deployment company.
STL Academy creates an ecosystem for deploying complex opticle fibre networks.
STL launches disruptive portfolio of software products to accelerate CSPs digital reinvention".
Sterlite Tech completes Kakinada Smart City Project.
2019
2020
Sterlite Technologies bags Rs 1,800 Cr project from Telangana.
Sterlite Technologies has signed a definitive agreement to acquire 100% stake in Optotec S.p.A (through a wholly-owned subsidiary). Optotec, based in Italy, provides a complete range of Optical Interconnect products for the telecommunications and FTTH networks across Europe.
STL was awarded a work order for about Rs 1,100 crore for Phase 1 of the project.
STL is proud to be associated with T-Fiber.Â
2020
2021
Sterlite Technologies collaborates with Openreach.
Sterlite Technologies partners with Australia-based Vocus Group.
Sterlite Technologies launches Accellus - its flagship solution for 5G network.Â
2021
2022
STL partners with the American India Foundation (AIF) to launch Digital Equalizer and Improved Learning (DEIL) Program for 300,000 beneficiaries.
STL, VMware and ASOCS unveil end-to-end 5G Enterprise solution at MWC 2022.
STL wins INR 170 crore deal for building a Unified Network Management System for PGCIL.
STL partners with UKÂs Netomnia to fiberise multiple cities for ultra-fast broadband.
STL and Analog Devices collaborate to build Open RAN 5G radio units.
2022
2023
"STL achieved a global milestone: World''s first Eco-labelled optical products range unveiled at IMC 2023".
"STL prepared for cost-efficient MTCTE testing of optical fibre products".
"STL s optical products testing labs rated highest on stringent quality standards set by NABL and TEC".
2023