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STL secures $1.11 billion AI data centre deal
short by / on Monday, 25 May, 2026
Sterlite Technologies announced a multi-year Product Award Letter from a hyperscale partner with estimated contract value of USD 1.11 billion. The agreement covers supply of optical connectivity products through March 2029 for AI data centre build-outs in the United States. Product allocation will be defined separately from FY27 to FY29 with periodic purchase orders.