Sterlite Optical Technologies commences manufacture of ADSL2+ Modems for Broadband Applications

Sterlite Optical Technologies Ltd on March 20, 2007 has announced that it has commenced manufacture of ADSL2+ Modems at its facility in Aurangabad. The Company's range of wired and wireless modems were developed in-house and manufacturing unit has an annual installed capacity of 1.5 Million modems.

The Company has received an educational order from BSNL for 3000 units of its SAM100 ADSL 2 + Modem, designed for single-user residential application. All Sterlite modems comply with 'TU-T G.922.1, G.922.3, G.922.5 and IEEE 802.11 b/g international standards.

As an extension to the Company's Access Business - the Company's ADSL 2+ Modems are available in four models that would cater to single-user and multi-user broadband needs for residential and commercial usage.

These modems would initially be available to telecom incumbents, MSO's and institutional buyers in India and Company has firm plans to establish a significant market share in the exponentially growing broadband modems sector in India during FY 2007-08.

Says Pankaj Khanna, COO - of the Company, "We are very excited to be among the first Companies to indigenously design and manufacture ADSL 2+ Modems in India. With our experience in technology development & manufacturing, that spans over 2 decades, the in-house development of our range of modems is yet another milestone for the Company. As an established Indian market leader for Optical Fibers & Telecom Cables, we believe that we would be able to leverage selling synergies for our modems."

Source : Equity Bulls

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