STL divests its Telecom Products Software business, as a part of its portfolio realignment

This move will help STL focus itself to drive scale and impact in its areas of strength.

This news comes after the company announced its decision to divest its inside-data centre connectivity arm IDS to Hexatronic in October last year. 

STL is a leading global optical and digital solutions company providing advanced offerings to build 5G, Rural, FTTx, Enterprise and Data Centre networks. The company, driven by its purpose of 'Transforming Billions of Lives by Connecting the World', designs and manufactures in 4 continents with customers in more than 100 countries. Telecom operators, cloud companies, citizen networks, and large enterprises recognize and rely on STL for advanced capabilities in Optical Connectivity, Global Services, and Digital and Technology solutions to build ubiquitous and future-ready digital networks. STL's business goals are driven by customer-centricity, R&D and sustainability.