Sterlite Technologies Expands Digital Infrastructure in Western Australia with Swoop Partnership

1 min read   |   Updated on 09 Apr 2025, 08:48 AM
scanxBy ScanX News Team
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Overview

Sterlite Technologies Limited (STL) has partnered with Swoop Holdings Limited to upgrade approximately 1,000 homes in Western Australia with high-speed Fibre-to-the-Home (FTTH) connectivity. STL will supply Swoop Infrastructure with advanced optical networking solutions, including OptoHaul, Micro Cables, Optical Closures, and Optical Termination products. The project aims to enhance digital infrastructure and internet speeds in the region, with STL's solutions manufactured in 'Zero Waste to Landfill' certified facilities.

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*this image is generated using AI for illustrative purposes only.

Sterlite Technologies Limited (STL), a leading optical and digital solutions company, has announced a strategic partnership with Swoop Holdings Limited to upgrade approximately 1,000 homes in Western Australia with high-speed Fibre-to-the-Home (FTTH) connectivity. This collaboration marks a significant step in enhancing digital infrastructure and internet speeds for residents in the region.

Partnership Details

The partnership involves STL supplying Swoop Infrastructure with state-of-the-art optical networking and connectivity solutions. This initiative builds upon Swoop's recent acquisition of conduit and fibre assets in Seacrest Estate near Geraldton, Western Australia, aligning with the company's broader Fibre Broadband strategy for both retail and wholesale services.

Technological Solutions

STL will support Swoop's network upgrade with a range of robust Layer-1 optical solutions specifically tailored for brownfield deployments. These include:

  • OptoHaul: A versatile, single-fibre Plug & Play solution suitable for underground, aerial, or direct-buried installations.
  • Micro Cables: Slim, high-density fibre cables engineered for underground air-blown installation in microducts, ideal for last-mile FTTH and access networks.
  • Optical Closures: Compact and pre-configured closures (MAX and MicrOTP) designed to streamline installation and minimize space requirements.
  • Optical Termination: Rack-mounted splicing and patching shelves (nPTD) with pre-installed splitters and a pivoting tray for ease of installation at Point-of-Presence (PoP) sites.

Environmental Responsibility

STL's solutions are manufactured at their "Zero Waste to Landfill" certified facilities, setting new industry standards for durability and environmental responsibility.

Executive Statements

Anthony Camilleri, Head of Infrastructure at Swoop, expressed enthusiasm about the partnership, stating, "We're excited to partner with STL to deliver high-speed, ultra-reliable fibre connectivity to homes in Western Australia. Our goal is to make Swoop Infrastructure, as part of Swoop Holdings, the preferred choice for developers by offering top-tier service and value."

Rahul Puri, CEO of Optical Networking Business at STL, added, "We are thrilled to be working with Swoop, one of Australia's leading challenger telecom brands, to bring ultra-fast broadband to regional communities. This project reinforces Swoop's ongoing investment in regional broadband infrastructure, ensuring communities have access to world-class internet speeds and service quality."

Conclusion

This partnership between Sterlite Technologies and Swoop Holdings represents a significant step forward in improving internet infrastructure in Western Australia. By leveraging STL's advanced optical solutions, Swoop aims to build a high-performance, reliable network that delivers next-generation connectivity to approximately 1,000 homes in the region, contributing to the digital transformation of Western Australian communities.

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.79%+2.87%+7.20%-30.64%-35.35%-0.87%

Sterlite Technologies Completes Demerger, Launches 'Invenia' for Global Services

1 min read   |   Updated on 01 Apr 2025, 08:58 AM
scanxBy ScanX News Team
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Overview

Sterlite Technologies Limited (STL) has finalized the demerger of its Global Services Business, effective March 31, 2025. The new entity, STL Networks Limited, will operate under the brand name 'Invenia'. STL will focus on optical networking and connectivity solutions, while Invenia will specialize in global digital infrastructure and services. The strategic move aims to enhance operational efficiency and growth opportunities for both entities. STL Networks has already secured a INR 2600.00 Cr Bharatnet project in Jammu and Kashmir.

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*this image is generated using AI for illustrative purposes only.

Sterlite Technologies Limited (STL), a leading optical and digital solutions company, has successfully completed the demerger of its Global Services Business, marking a significant milestone in its strategic growth plan. The newly demerged entity, named STL Networks Limited, will operate under the brand name 'Invenia'.

Strategic Move to Drive Growth

The demerger, which became effective on March 31, 2025, aims to create two specialized, future-ready organizations poised for accelerated growth. This strategic initiative is expected to enhance operational efficiency and provide more compelling investment opportunities for shareholders.

Two Distinct Entities Emerge

Sterlite Technologies (STL)

  • Focus: Optical Networking, Optical Connectivity, Data Centres, and Enterprise solutions
  • Scope: 10+ global manufacturing plants, customer base spanning 100+ countries
  • Leadership: Rahul Puri as CEO of Optical Networking Business

STL Networks (Invenia)

  • Focus: Global digital infrastructure and services
  • Expertise: Large-scale deployments for enterprises, telecom companies, cloud service providers, government, and defense
  • Key Project: Recently awarded INR 2600.00 Cr Bharatnet project in Jammu and Kashmir
  • Leadership: Pankaj Malik as CEO

Impressive Track Record

STL Networks, formerly part of Sterlite Technologies, has already made significant strides in India and the UK:

  • Deployed over 1.35 lakh km of Optical Fibre network nationwide
  • Presence in 23 states across India
  • Played a crucial role in India's digital growth story

Management's Perspective

Ankit Agarwal, Managing Director of STL, commented on the demerger: "This transition empowers STL and STL Networks to operate with greater focus, agility, and independence, creating exceptional value for all stakeholders. STL remains committed to pioneering optical solutions and driving customer-centricity, while STL Networks is now uniquely positioned to redefine global services with agility."

Looking Ahead

The demerger is anticipated to drive profitability and enhance operational efficiency for both entities. As they embark on their separate journeys, STL and STL Networks are well-positioned to capitalize on their respective strengths and pursue growth opportunities in the rapidly evolving digital infrastructure landscape.

Investors and market watchers will be keen to observe how this strategic move unfolds in the coming months, as both companies strive to create value in their specialized domains.

Historical Stock Returns for Sterlite Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.79%+2.87%+7.20%-30.64%-35.35%-0.87%
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