Sterlite bags Rs.372cr BSNL contract

PUNE, INDIA: Sterlite Technologies Limited (Sterlite), a global provider of transmission solutions, announced that it has won a Rs 372 crores ($77 million) worth contract from BSNL, for enabling a Fiber-to-the-Home (FTTH) network based on Gigabit Passive Optical Network (GPON) technology.

Sterlite was awarded a major share of the total outlay of project and the company has streamlined its efforts to ensure that the contract is executed within FY10.

BSNL will be the first telco in the country to deploy commercial scale Fiber-to-the-Home network. The current phase of the FTTH network will be capable of providing high-speed internet, IPTV solutions, VoIP, and other value added services to about 500,000 subscribers. 

BSNL plans to implement similar FTTH networks at 25 cities across India by 2012, which would impact two million subscribers. This would provide subscribers access bandwidth and speeds (in excess of 100 Mb/s) as well as multitude of applications ranging from utility applications such as high-definition video conferencing or entertainment applications as high-speed gaming.

Anand Agarwal, CEO & director, Sterlite Technologies, says, “India is at the cross-roads in telecommunication technology, with networks being rolled out for 3G, WiMAX, NGN (Next Generation Networks) and FTTH. We believe FTTH will offer subscribers limitless possibilities by serving the requirements of bandwidth-hungry applications and this would revolutionize the way subscribers work, live and play.”