NEW DELHI -- Data network solutions provider Sterlite Technologies Ltd (STL) on Thursday said it won the mandate to create a high-speed rural broadband network from Telangana Fiber Grid Corporation Ltd., known as T-Fiber.
The multi-year deal -- worth about Rs 1,800 crore ($250,771). -- requires STL to design, build and manage a rural broadband network across 3,000 gram panchayats (or village councils) in Telangana.
STL said that it will work with T-Fiber for enabling affordable and high-speed broadband connectivity to 60 lakh (6 million) people in Telangana.
"The uniqueness of T-Fiber project is that it will connect every household across the rural part of the state through optical fiber and provide them high-speed internet connectivity," said K.S. Rao, CEO of Network Software and Services at STL.
STL was awarded the work order for about Rs 1,100 crore ($153,249) for phase-1 of the project, while the total project value is worth about Rs 1,800 crore ($250,771).
This turnkey project, which entails managing the network for an additional seven years, has a significant operations and maintenance revenue stream, close to 30% of the overall project value.
The scope includes rolling out end-to-end network connectivity by deploying 64,000 km of optical fiber cable (OFC) network and deploying IP MPLS (multiprotocol label switching) and GPON.
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