Sterlite Tech reports Rs 900 cr of fiberization orders during FY24

Sterlite Technologies Limited (STL), a leading optical and digital solutions company, said it got orders worth around Rs 900 crore as part of various fiberisation activities of private telecom companies in the financial year 2024.

This likely forms around 10% of the company’s order book of around 9,000-10,000 crore.

Fiberization refers to the laying of high-capacity fiber cables alongside major highways and roads to provide intra and interstate connectivity to telecom providers and other network services providers.