STERLITE TECHNOLOGIES: WINS $288 MN LONG-TERM SUPPLY AGREEMENT
• Sterlite Technologies has signed a Long-Term Supply Agreement with a leading international hyperscaler.
• Agreement covers supply of high-density optical fibre cable products from CY27 to CY29.
• Contract Value: Approximately USD 288 million.
• Purchase orders will be released periodically during the contract period.
• Agreement can be extended by 2 additional years with mutual consent.
• Demand/supply shortfalls are covered under a mutual capped risk-sharing framework.
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