Sterlite Technologies Limited — Important, 08-11-2024: Updates

Sterlite Technologies Limited has been awarded the contract as the lowest bidder by Bharat Sanchar Nigam Limited for the development, upgrade, operation, and maintenance of the middle-mile network of Bharat Net in Jammu & Kashmir. The contract, valued at approximately INR 1,625 crore, includes a three-year construction period followed by a ten-year maintenance phase. This collaboration marks a significant opportunity for STL in the domestic telecom infrastructure sector.