STL reports order book of Rs 10,700 crore

STL reported Rs 4,825 crore in revenue and an order book of over Rs 10,700 crore for its financial year ending March 31, 2021.
STLSome highlights:

STL won multi-year, multi-million global deals, such as:

A three-year strategic collaboration with Openreach to provide millions of kms of optical fibre cable to help connect UK with a full-fibre network

~$100 million deals in the MEA region – for building future-ready digital networks

Partnership with Airtel to build optical network across 10 circles

Exhibited strong growth in OFC volume and Optical Interconnect business – STL grew its OFC volume by more than 35 percent in FY’21. Optotec’s interconnect products are now integrated into its Opticonn solution

Grew Patent portfolio by 105 percent- With 191 filings in FY’21, STL’s global patents reached 569, also adding the first 5G patent

Developed 5G and Open source products – STL developed hardware plus software offerings  including Garuda indoor small cells and 5G radios and tested programmable FTTx with a large Asian telco

Delivered exponentially despite the pandemic – With technology excellence, STL took Project Varun (Navy Communication Network) and Mahanet (Rural broadband) to 92 percent and 98 percent completion, respectively

Hired industry stalwarts globally –  across the US, the UK, Singapore and India