Sterlite Tech gains on partnership with Vocus Group : vimars

Sterlite Technologies rose 1.95% to Rs 274.40 after the company announced a partnership with Vocus Group, a specialist fibre and network solutions provider in Australia.
The deal would help strengthens STL's presence in the Australian market, helping network creators deploy high capacity nationwide networks faster.
Vocus Group is Australia's specialist fibre and network solutions provider, connecting all mainland capitals with Asia and the USA. Regionally, Vocus has backhaul fibre connecting most regional centres in Australia. Vocus also operates an extensive and modern network in New Zealand, connecting the country's capitals and most regional centres.
In total, the Vocus terrestrial network is c.30,000 route-km of high performance, high availability fibre-optic cable, including 4,600km of submarine cable connecting Singapore, Indonesia and Australia and 2,100 km of submarine cable between Port Hedland and Darwin and connecting offshore oil and gas facilities in the Timor Sea.

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