India’s Sterlite Tech announced that it plans to add 15 million km to its optical-fiber cabling capacity, raising its total potential production to 33 million fiber km.
A press release said that the expansion for the integrated optical fiber and cable manufacturer will cost about $44 million). The project, to be completed in stages, is expected to come on-line by June 2020. It said that drivers for the initiative include strong market demand for "deep fiberization" for 5G, FTTx and data center connectivity.
"Given exponential data growth, telcos, internet companies and governments around the globe are looking for innovative network solutions for hyper-scale connectivity," said CEO Dr. Anand Agarwal. "Our customers see us as unique design-build-manage partners who are forward integrated from fiber and cable to network design and software solutions. This capacity investment will further deepen our customer engagement as we partner with them for network buildouts."
The company is expanding its solutions portfolio very rapidly. Recently, it announced a 100% acquisition of Metallurgica Bresciana in Italy for cable expansion, while earlier it had announced an expansion of its optical fiber capacity via a Greenfield investment. Sterlite Tech is also actively working on software-defined networks in virtualized environments.