Sterlite Technologies (STL), a provider of transmission solutions, has launched Accellus, its flagship solution for 5G-ready, open and programmable networks. This new product line elevates STL's position as a disruptive solution provider for Access and Edge networks.

Over the past 5 years, STL has been investing in R&D to expand its capabilities in converged networks based on optical fiber broadband and Open Radio Access Network (Open RAN).

STL's Accellus is built on this industry leading converged optical-radio architecture. The company expects global adoption of this solution to accelerate at a rate of 250% YOY, driving better TCO for customers and gross margins for shareholders. Accellus will enable four core benefits for network creators - scalable & agile operations, faster time-to-market, lower TCO and greener networks.

Commenting on the launch of Accellus, Chris Rice, CEO, Access Solutions, STL, said, "Disaggregated 5G and FTTx networks based on open standards are increasingly prevalent for both greenfield & brownfield rollouts. These networks will require unprecedented scalability & agility, possible through an open and programmable architecture. STL's Accellus will unlock business opportunities for our customers and deliver immersive digital experiences globally."

Shares of the company gained Rs 9.45, or 3.47%, to settle  at  Rs 281.90.  The total volume of shares traded  was  112,946 at  the BSE (Thursday).