STL bags ₹1,800-crore multi-year T-Fiber order

STL, a data networks provider, has bagged the mandate from Telangana Fiber Grid Corporation Ltd (T-Fiber) to set up high-speed rural broadband network.

The multi-year deal worth about ₹1,800 crore requires STL to design, build and manage the network in 3,000 village panchayats in the State, covering about 60 lakh people.

“STL was awarded a work order for about ₹1,100 crore for Phase-1 of the project. The total project value is worth about ₹1,800 crore for which STL has received the letter of intent,” an STL statement said.

The T-Fiber project is aimed at providing broadband connectivity up to the household level across the State by establishing optical fiber and network infrastructure.