STL records strong sustained growth, strengthens position with long-term orders
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Enhanced addressable market to $40 Bn
PUNE, India, April 29, 2021 /PRNewswire/ STL (NSE: STLTECH), an industry-leading integrator of digital networks, today announced the consolidated financial results for its fourth quarter and financial year ending March 31, 2021. The company reported Rs. 4,825 crore in revenue and an order book of over Rs. 10,700 crore, backed by large global deals.
FY21- Beginning of the next decade of digital network creation
2020 witnessed telcos committing billions of dollars towards strengthening digital networks. The need for high bandwidth and low latency added impetus to 5G and FTTx plans. This accelerated the shift towards Open Networking with multiple global trials for Open RAN. 2021 is set to usher in the decade of network creation; with 5G, FTTx and O-RAN at the centre stage. These mega trends are expected to boost the optical demand, early signs of which are al
STL records strong sustained growth, strengthens position with long-term orders
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What s up with… Chris Rice, STL, NetNumber, spectrum in India , 5G
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STL appoints Chris Rice as CEO for its Access Solutions Business
Posted On: 2021-03-02 03:15:19 (Time Zone: Arizona, USA)
STL [NSE: STLTECH], an industry-leading integrator of digital networks, today announced the appointment of Christopher Rice as the Chief Executive Officer for its Access Solutions Business. Chris s appointment reflects STL s strong focus on driving growth and innovation in the access segment.
Leveraging 25 years of experience in optical communications and system integration, STL is now expanding its capabilities across digital networks by building core solutions in the edge access area, both on the wireline and 5G wireless side. With over 5 years of investment in access technologies and key product launches, the company has launched the Access Solutions Business Unit focusing on Open RAN, 5G, programmable FTTx, and controller/orchestration software. Chris is a seasoned technology executive who will lead this BU and advance STL s growth plans.