By Press Trust of India | Updated: 9 February 2023
Telecom equipment maker Nokia on Thursday said it will extend manufacturing of PON optical line terminals (OLTs) to its factory in Sriperimbudur near Chennai to cater to rising demand from local customers in India and global markets. PON stands for Passive Optical Network.
In a statement announcing the latest move, Nokia said shifts in consumer behaviour, from home working to data-rich entertainment services, are driving demand for broadband.
“This demand is matched by strong institutional support with significant funding from governments and private equity funds around the world that are driving investments in broadband and fibre connectivity,” according to the company.
Telecom equipment maker Nokia on Thursday said it will extend manufacturing of PON optical line terminals (OLTs) to its factory in Sriperimbudur near Chennai to cater to rising demand from local customers in India and global markets. PON stands for Passive Optical Network.
In a statement announcing the latest move, Nokia said shifts in consumer behaviour, from home working to data-rich entertainment services, are driving demand for broadband.
“This demand is matched by strong institutional support with significant funding from governments and private equity funds around the world that are driving investments in broadband and fibre connectivity,” according to the company.
Sanjay Malik, Senior Vice President and Head of the India Market at Nokia, observed that India is seeing massive demand for fibre connectivity from both fixed and mobile operators.
“OLT production at our Chennai plant will offer a timely boost to meeting this demand in a timely way. Service providers in India will benefit from the increased availability of both existing Lightspan product lines as well as upcoming GPON access nodes, which offer smaller lower-density OLTs to suit a range of conditions and requirements,” Malik added.