Sterlite Technologies bags Rs 372 crore GPON FTTH network contract from BSNL Gigabit Passive Optical Network (GPON) technology based Fiber-to-the-Home (FTTH) order from BSNL to be completed by FY10. The order is valued at Rs 372 crore i.e. $ 77 million.

The FTTH network by BSNL will span over 25 cities across India by 2012 and will benefit 2 million subscribers by giving them access to speeds as high as 100 mbps as well as numerous feature-rich applications.

Dr. Anand Agarwal, CEO & Director - Sterlite Technologies said, “India is at the cross-roads in telecommunication technology, with networks being rolled out for 3G, Wimax, NGN (Next Generation Networks) and FTTH. We believe FTTH will offer subscribers limitless possibilities by serving the requirements of bandwidth-hungry applications and this would revolutionize the way subscribers work, live and play. We commend BSNL’s relentless efforts in putting India on the telecom map of the world and we are honored to be chosen as a partner for this project.”