We at Sterlite Technologies (I) Limited (Sterlite) are excited about various global opportunities that lie ahead in 2015 in the transmission of telecom and power. Sterlite will play an important role in various initiatives of the Government of India such as Digital India, Make in India and 100 Smart Cities, which are set to accelerate in 2015. Apart from government projects, telecom operators globally will increase their deployment of optic fiber to cope with the surge in data bandwidth. As the most integrated fiber optic company in the world, we look forward to continue to provide customized solutions for such opportunities.
We are pleased to inaugurate our Centre of Excellence in Aurangabad on January 29, 2015 by Dr APJ Abdul Kalam. This is a state-of-the-art R&D facility, which is one of its kind in India and among four or five globally. We will work closely with various government entities, telecom operators, and academia to develop world-class telecom products.
India currently has one of the lowest global penetration rates for Fiber-to-the-Home (FTTH). Sterlite has pioneered FTTH deployment in India and has successfully connected 180,000 homes in the country with optical fiber cable (OFC). Out of these, 40,000 are getting high-speed broadband through telecom operators like Airtel and Tata Teleservices. The company is aiming to expand its presence to 10 cities and connect 10 lakh homes with high-speed broadband by 2017. Our focus will be on facilitating broadband connections with download speed of upto 100 Mbps and roll out FTTH in Hyderabad, Kolkata, Kochi, and Chandigarh by the end of next year.
Sterlite looks forward to significant growth of its telecom transmission business in 2015 and enabling broadband deployment through innovative solutions.
The author is Global Head-Telecom Products, Sterlite Technologies Limited