Sterlite Tech Appoints Strategic Advisor to Scale its Software Offerings to the Next Phase

PUNE, India, May 8, 2017 /PRNewswire/ --

Sterlite Tech [BSE: 532374, NSE: STRTECH], an end-to-end global technology leader in smarter digital networks, announced the appointment of Anshoo Gaur as Strategic Advisor for its telecom software offerings.

Sterlite Tech's software division is a global IT product and service provider of pre-integrated BSS, packet-core and carrier Wi-Fi solutions. Adhering to TM Forum and 3GPP standards, the software division addresses CSPs' requirement of faster time-to-market and reduced total cost of ownership, fulfilling operator monetization needs across all IP networks. This division has successfully completed over 175 network deployments for 59 service providers in more than 40 countries and is serving 13 of the world's top 30 operators.

Anshoo brings over 25 years of experience in building world-class organisations. He is currently working as CEO and Founder of Praavega Systems, where he mentors entrepreneurs on leadership, innovation and technology. He has held key positions in the past, including President and MD of Amdocs India and Global Officer of Amdocs Ltd. (NASDAQ-DOX). He has also held leadership roles at EDS/MphasiS and Sabre Inc. At Sterlite Tech, Anshoo will work with the software leadership team to help define the next phase of value creation. Anshoo holds a Master of Science in Systems and Industrial Engineering from the University of Arizona, USA and a Bachelor of Science in Mechanical Engineering from the National Institute of Technology, Surathkal, Karnataka.

Speaking on the appointment, Dr Anand Agarwal, CEO, Sterlite Tech, said, "With evolving technologies and surging demand for data, global digital service providers and smarter-network owners are focusing on integrated capabilities that straddle the lifetime and layers of data networks. Anshoo will help enable this journey of digital transformations by leveraging our smarter and sustainable capabilities in the monetization of data networks."

Highlighting the emerging opportunities, Nikhil Jain, Head - Telecom Software, Sterlite Tech, said, "As the global telecom industry transforms towards a more open and customer-centric network, OSS/BSS will play a key role in enabling this transition. Anshoo's strategic guidance will enable us to leverage these opportunities and strongly position us to offer integrated offerings to leading telcos, while creating smarter networks across the globe."

Sharing his vision, Anshoo Gaur, Strategic Advisor, Sterlite Tech Software, said, "I am delighted to take up this role and provide strategic direction. Sterlite Tech has valuable assets and is uniquely positioned in the global market to capitalize on technological shifts that are blurring the lines between hardware and software. I am convinced that by leveraging these assets, Sterlite Tech can meet customer demands of converged digital-first solutions that deliver superior experiences and profitable business acceleration."

Anshoo is the winner of several awards including Bloomberg - UTV CXO IT MNC Business Leader of the Year Award in 2010. He is the founding curator of World Economic Forum's Global Shapers Community, Pune Hub and a Board member of Pune City Connect, Kloudq and Mentor Together. He is also actively involved with industry forums such as NASSCOM and CII.

About Sterlite Technologies: 

Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages in six continents and more than 100 countries, with a digital networks focused business panning across products, services and software - optical communication products, network and system integration services and OSS/BSS software solutions. The Company has state-of-the-art manufacturing facilities in India, China and Brazil, and aims to transform everyday living by delivering smarter networks. With a strong portfolio of over 146 patents, Sterlite Tech is home to India's only Centre of Excellence for broadband research. Projects undertaken by the company include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities' development, and establishing high-speed Fibre-to-the-Home (FTTH) networks.

For more details, visit http://www.sterlitetech.com

Contacts:
Corporate Communications
Sumedha Mahorey
Phone: +91-22-30450404
E-mail: [email protected]

Juhi Hajela
Corporate Communications Head, Sterlite Technologies
Phone: +91-9810514280
E-mail: [email protected]

Investor Relations
Vishal Aggarwal
Phone: +91-20-30514000
E-mail: [email protected]