MAY 24, 2007 -- Sterlite Optical Technologies Ltd. (search for Sterlite) says it has received a contract from Mahanagar Telephone Nigam Ltd. (MTNL) for deployment of a broadband and metro Ethernet network in Delhi and Mumbai. The network, once completed, would be capable of handling about half a million broadband connections in these cities. Sterlite was awarded this contract among competition from "global players," it asserts. The project is valued at Rs 169 Crores and would be completed during FY 2007-08 and FY 2008-09.
In FY 2005-06, Sterlite Optical Technologies launched its Access Business and has been involved in setting up the MPLS core for MTNL. The broadband and Ethernet network is an extension of the existing MPLS network. Sterlite says it has streamlined its efforts to design, develop, and implement the network well within the required project schedule.
The Ministry of Telecommunication of India has declared the Year 2007 as the 'Year of Broadband' and has resolved to make broadband in India further affordable.
Says Dr Anand Agarwal, CEO and director at Sterlite, "Our customers require complete telecom access solutions to be implemented, in addition to their purchases of access products. Sterlite remains committed to facilitating the propagation of broadband in India and has developed the capability to provide these solutions for the telecom and broadband sectors. We are proud that MTNL has chosen us for its milestone project."
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