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Sterlite Technologies Limited. — Capital/Financing Update 2022
Feb 28, 2022
59411_rns_2022-02-28_db1d7b32-ac5f-45f3-8857-05715431f580.pdf
Capital/Financing Update
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----- Start of picture text ----- www.stl.tech----- End of picture text -----
February 28, 2022
National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5[th] Floor, Phirozee Jeejeebhoy Towers, Plot No. C-1, G Block, Dalal Street, Bandra Kurla Complex, Bandra (East) Mumbai - 400 001. Mumbai - 400 051.
Sub: - Press Release – STL and Analog Devices collaborate to build Open RAN 5G radio units
Ref.: Scrip ID - STLTECH/ Scrip Code – 532374
Dear Sir/Madam,
We wish to inform that, the Company is collaborating with Analog Devices, Inc. to develop 5G Open RAN radio units (ORU). Together, the two companies will build 5G-ready solutions to expand the diversity of commercially available O-RUs and facilitate the growth of Open RAN networks.
A copy of the Company’s Press Release in this behalf, is enclosed herewith.
Kindly take the above on record.
Thanking you.
Yours faithfully,
For Sterlite Technologies Limited
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Amit Deshpande
Corporate General Counsel & Company Secretary (ACS 17551)
Enclosure: As above.
Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408
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PRESS RELEASE
STL and Analog Devices collaborate to build Open RAN 5G radio units
Barelona, Spain, 28 February 2022: STL [NSE: STLTECH], an industry-leading integrator of digital networks, today announced a collaboration with Analog Devices, Inc. to develop 5G Open RAN radio units (O-RU). Together, the two companies will build 5G-ready solutions to expand the diversity of commercially available O-RUs and facilitate the growth of Open RAN networks. As a part of this collaboration, STL and Analog Devices will work closely with other ecosystem providers, including leading power amplifier (PA) vendors, to expand the range of STL's Garuda O-RU indoor small cell offerings. STL will integrate Analog Devices’ leading RadioVerse® transceivers into Garuda to create power-efficient, high-performance radios.
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“STL has developed a set of open, disaggregated, virtualized and programmable products and solutions for the access side of the network,” said Chris Rice, CEO, Access Solutions Business, STL . “Garuda is a next-generation radio product with open interfaces compliant to O-RAN standards. It is costeffective and a key component in solutions that deliver Industry 4.0 use cases, such as worker safety and factory automation. Leveraging Analog Devices’ RadioVerse offerings in our products creates a new industry benchmark for indoor small cell radios, enabling the full power of 5G technology to enhance billions of lives worldwide.”
As operators begin rolling out their Open RAN networks, there is increasing demand for regionally customized O-RUs to meet frequency band and power needs. The O-RU is one part of the
network that cannot be virtualized, and with expanding requirements for the commercial-ready frequency band and power options, existing indoor radio options limit network operators’ choices. STL’s Garuda radio product line expands the availability of O-RU devices across global markets.
“Building on the success of the Garuda project, we look forward to expanding the collaboration with STL and providing the Open RAN ecosystem with high-performance O-RUs.” said Nitin Sharma, General Manager of the Wireless Systems Group at Analog Devices .
About STL - Sterlite Technologies Ltd:
STL is a leading integrator of digital networks providing All-in 5G solutions. Our capabilities across wireless connectivity, optical networking, software, and services, place us amongst the top 5G RAN vendors by Gartner. These capabilities are built on open-source and converged architectures helping telcos, cloud companies, citizen networks, and large enterprises deliver next-gen experiences to their customers. STL partners with service providers globally in achieving a green and sustainable digital future in alignment with UN SDG goals.
STL has a strong global presence in India, Italy, the UK, the US, China, and Brazil. Read more, Contact us.
Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408
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For more information, contact:
Media Relations Agency Contact Investor Relations Khushboo Chawla Guneet Kaur Pankaj Dhawan Phone: +91. 9711619114 Phone: +91-8968909392 Phone: +91. 8130788887 [email protected] [email protected] [email protected]
Sterlite Technologies Limited Registered office: 4th Floor, Godrej Millennium, Koregaon Road 9, STS 12/1, Pune, Maharashtra- 411 001, India. CIN - L31300PN2000PLC202408