- Development of advanced, sustainable optical solutions at its
Palmetto Plant in South
Carolina
- Poised to cater to BEAD-funded projects in the US
COLUMBIA, S.C., April 24,
2024 /PRNewswire/ -- STL (NSE: STLTECH), a leading
optical and digital solutions company, announced today that their
fiber optic cable products manufactured in the US are compliant
with the 'Build America, Buy America' (BABA) provisions of the
Infrastructure Investment and Jobs Act (IIJA). Along with
this announcement, STL also unveiled its Rapid series of
products, which will add to its "In America, For America" portfolio
of fiber optic cables. Rapid series of optical fiber cables
range from high-capacity ribbonized cables to ruggedized designs
for different applications like duct, direct buried, aerial and
last-mile connectivity.
This development reinforces STL's commitment to connecting
rural America and supporting the local supply chain. Through its
world-class manufacturing investment of $56 million, STL is actively working with leading
service providers in the country to serve the demand for both
federal and privately funded broadband projects, including those
included in the Broadband Equity, Access, and Deployment (BEAD)
Program. STL's 168,000 sq. ft. North American headquarters in
South Carolina, the "Palmetto
Plant", was inaugurated in September
2023 by Hon. Henry McMaster,
Governor of South Carolina, in the
presence of government dignitaries, key customers, and
representatives from the local Chambers of Commerce and has created
125 full-time jobs since then.
Paul Atkinson, CEO - Optical
Networking, STL, said, "With multiple BEAD projects on the
horizon, the next five years will be landmark years for broadband
and rural connectivity in the US, and we are very excited to
support this program. Driven by our purpose of 'Transforming
Billions of Lives by Connecting the World', our teams here are
engaging with service providers to enable fast and seamless fiber
rollouts in every corner of the United States. STL remains
committed to continuous product innovation and providing superior
quality, craft-friendly optical products for faster network
roll-out that meet or exceed industry standards."
About STL - Sterlite Technologies Ltd:
STL is a leading global optical and digital solutions company
providing advanced offerings to build 5G, Rural, FTTx, Enterprise
and Data Centre networks. Read more, Contact us, stl.tech |
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For more information, contact:
Media Relations
Soumi Das
soumi.das1@stl.tech
Agency Contact
Ishita Kaushik,
ishita.kaushik@2020msl.com
Investor Relations
Chetan Wani
chetan.wani@stl.tech
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SOURCE Sterlite Technologies Ltd - STL