Sterlite Tech says customers continue to prioritise network build-outs; 5G rolls out, fiberisation driving India growth

Optical and digital solutions company Sterlite Technologies is seeing a strong commitment and demand for fibre, as customers across markets continue to prioritise network build outs, including in India, where massive 5G infrastructure deployments are taking place.

Sterlite Tech Managing Director Ankit Agarwal said the company is “quite positive” about the India market prospects, given the rapid pace of fiberisation, and expectation of 5G scaling up from 50 million users to 250 million users in the coming years.

“We are excited with the progress we are making, and are positive about mid-to-longer-term opportunities for our sector. In our conversation with customers that commitment remains in terms of their network plans,” Agarwal told PTI.