Monday, December 21, 2009

Sterlite Technologies Maintains Market Leadership for Telecom Cables in India

Sterlite Technologies Limited [BSE: 532374, NSE:STRTECH], a arch all-around provider of manual solutions for the ability and telecom industries, today appear it has accustomed the ‘V&D100 2009’ accolade for ‘Top Telecom Cables Company’ in India. The anniversary analysis on the Indian telecommunications accessories industry conducted by Voice&Data Magazine, adumbrated that the Indian telecom cables bazaar in FY 2008-09 was Rs 1,229 Crores, of which Sterlite had a ascendant bazaar allotment of over 30%.

Sterlite’s addition to the Indian telecommunications industry has been again accustomed through this forum. Sterlite is the alone aggregation to accept won this accolade for six after years from 2004-09.

Says KS Rao – COO (Telecom), Sterlite Technologies, “Despite the accepted bearings in the all-around marketplace, several all-around economies abide to body telecom infrastructures in alertness of bread-and-butter revival. Our all-around brand extends to several of these economies and we abide to be bullish on the telecom sector.”

Sterlite’s accepted optical cilia ability of 6 Million-Km is already beneath amplification to 12 Million-Km, which would get accustomed in the accepted fiscal. Sterlite has absitively to added enhance this accommodation to 20 Million-km, which would position Sterlite amidst the Top 3 manufacturers globally. The accommodation of 20 Million-Km would be anatomic by 2011. A activity is aswell underway to access cilia optic cable accommodation to 6 million-km. The Company has accompaniment of the art accessories for optical fibers and cilia optic cables appropriately at Aurangabad and Silvassa in India.

About Sterlite Technologies Limited
Sterlite Technologies Limited (formerly, Sterlite Optical Technologies Ltd) is a arch all-around provider of manual solutions for the activity and telecom industries. It is India's alone absolutely chip optical cilia ambassador and a allotment of the Top 5 all-around manufacturers of ability conductors. Sterlite Technologies Limited is listed on the National Stock Exchange and Stock Exchanges at Mumbai and Kolkata. For added data on the company, advance affairs and its products, amuse appointment www.sterlitetechnologies.com

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