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STL ties with TruVista to create fiber connectivity for South Carolina
STL has partnered with TruVista, headquartered in South Carolina which is a 125-year-old provider of broadband services and applications.
The aim is to drive the growth and enhancement of South Carolina's rural connectivity infrastructure.
STL and TruVista, headquartered in South Carolina, are investing heavily in manufacturing and building fiber networks - for South Carolina from South Carolina.
Further, STL has invested significantly in a state-of-the-art fiber optic technology manufacturing facility in Lugoff, South Carolina, with end-to-end advanced automation. In a similar vein, TruVista is investing over $12 million in rural broadband, a significant portion of which will be dedicated to South Carolina.
It is now expanding fiber optic connectivity across rural South Carolina, enabling residents to access reliable internet at speeds of 1 Gbps.
Notably, TruVista even provides fiber connectivity to STL's Optical Fiber Cable facility in South Carolina, highlighting the collaborative nature of this partnership. Looking ahead, STL is working toward growing this partnership further to continue rural FTTH deployment in South Carolina and beyond, as per the exchange filing to the stock exchanges.
On Friday morning trade, Sterlite Technologies was trading at Rs171.50 per share higher by 1.84% on the BSE.
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