PR91451

LONDON, September 2, 2021 /PRNewswire=KYODO JBN/ --

   STL (NSE: STLTECH), an industry-leading integrator of digital networks,

announces the appointment of Paul Atkinson as the Chief Executive Officer for

its Optical Networking Business. Paul's appointment is in line with the widened

portfolio and the increased global reach of STL's Optical business.

   With its core focus of Enabling Digital Transformation at the Edge, STL has

been delivering industry-leading optical solutions

[https://www.stl.tech/optical-connectivity-solutions/] for telcos, cloud

companies, governments and enterprises globally. The world is witnessing

concurrent network build cycles of 5G, FTTx and Rural Broadband and optical

solutions will be at the heart of these. To cater to these mega-trends, STL has

been widening its portfolio and scale as well as globalising its optical

business at a rapid pace.

   Before STL, Paul Atkinson was the Managing Director and Group CEO at IXOM,

Australia. Prior to IXOM, Paul was associated with the Prysmian Global for over

20 years as the CEO of affiliates and regions across the world. During this

stint, he led multiple successful business integrations and was pivotal in

delivering non-linear growth across geographies and business lines. Before

Prysmian Group, he held senior roles in commercial, finance and operations in

the consumer goods and healthcare sectors. Paul takes over this responsibility

from Ankit Agarwal, who has played a crucial role in STL's global expansion in

the Optical business. Ankit widened the portfolio with the acquisition of

Optotec & Metallurgica Bresciana and increased STL's scale and presence in

Italy, UK, US, Brazil and China. As a Whole-Time Director on the board, Ankit

will now focus on driving the strategy and growth across STL.  

   Welcoming Paul, Ankit Agarwal, Whole-Time Director, STL, said: "Leading the

Optical business has been an incredible journey during which we became global

and achieved many firsts. With STL accelerating its efforts in optical

innovation, I welcome Paul who with his deep, global expertise will take the

business to greater heights. As we look forward to a decade of network

creation, I am excited about expanding my focus to drive STL's ambitious growth

plans with disruptive strategies."

   "Digital networks are key to the 4th industrial revolution, where optical

technologies are taking centre stage. With over 25 years of expertise, STL is

expanding its scope and scaling globally. STL has the right expertise and

ambition to service network creators across the globe. I am very excited to

lead the Optical Networking business, which will shape the future digital

landscape," said Paul Atkinson.

   Commenting on this development, Dr. Anand Agarwal, Group CEO, STL, said:

"Optical connectivity and networks have always been our core and with Ankit at

the helm, we have passionately put this business on the global map. I look

forward to partnering with Ankit in the strategic growth of the company. I

welcome Paul and wish him the best. I am confident that with his exceptional

global experience, he will take the Optical Networking business to the next

level."

   About STL - Sterlite Technologies Ltd:

   STL is an industry-leading integrator of digital networks that helps telcos,

cloud companies, citizen networks and large enterprises deliver enhanced

experiences to their customers. Read more [https://www.stl.tech/], Contact us

[https://www.stl.tech/press_release.html].

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LinkedIn [https://www.linkedin.com/company/sterlite-technologies-ltd-/] |

YouTube [https://www.youtube.com/channel/UCZFZ0whG9iCj6GErP3hrtBw]

   Photo: https://mma.prnewswire.com/media/1607505/Paul_Atkinson_CEO_STL.jpg

   Logo:

https://mma.prnewswire.com/media/876464/Sterlite_Technologies_STL_New_Logo.jpg

   Source: Sterlite Technologies Ltd. (STL)