Published 10:55 IST, February 13th 2024
Big boost to 'Made in India' 5G network solutions, HFCL secures Rs 141 crore order from BSNL
HFCL will supply indigenously designed and manufactured UBRs and other associated services crucial for supporting BSNL's 4G and 5G network requirements.
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HFCL-BSNL deal: Gururgam-based telecommunication equipment manufacturer HFCL Limited has clinched a substantial purchase order totaling Rs 141 crore from Bharat Sanchar Nigam Limited (BSNL). This deal is a part of vance Purchase Order worth Rs 179 crore issued to HFCL by BSNL.
purchase order, comprising a capital expenditure (Capex) of Rs 119 crore and an annual maintenance contract (AMC) valued at Rs 22 crore, will see HFCL supply indigenously designed and manufactured Unlicensed Band Rios (UBRs) and or associated services crucial for supporting BSNL's 4G and 5G network requirements. This move marks a significant milestone in India's quest for self-reliance in telecom sector.
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HFCL's UBRs, operating in 5GHz frequency band with a capacity of 1GBPS, are poised to play a pivotal role in BSNL's network upgre, providing cost-effective backhauling solutions for its 4G infrastructure while laying foundation for 5G capabilities. company's state-of--art technology, exemplified by products like UBR, has garnered acclaim both domestically and globally, with over 3.5 lakh units alrey deployed across various markets.
Mahendra Nahata, Managing Director of HFCL, said “This significant order cements HFCL's position as a leer in indigenous 4G and 5G technology solutions. It perfectly embodies ‘self-reliance or aatmanirbharta’ vision articulated by Prime Minister of India, Narendra Modi. With a strategic ‘Make in India’ approach, our cutting-edge 4G and 5G backhauling solution emphasises capturing opportunities in global markets while aligning with India Stack initiative. deployment of se vanced solutions promises higher data transfer rates, low latency and enhanced reliability and performance.”
scope of work under purchase order encompasses a range of services, including initial planning, on-site surveys, equipment supply, installation, testing, commissioning, operations, and annual maintenance of microwave links. HFCL's end-to-end solution, complemented by its AI-powered Unified Cloud Network Management System (UcNMS), is designed to offer seamless integration and aptability to evolving network requirements.
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Moreover, this strategic investment by BSNL not only bolsters its network infrastructure but also ensures cost-efficiency by minimising equipment expenses and reducing spectrum usage charges.
shares of HFCL Ltd rose 2 per cent to an intray high of Rs 95.85 apiece on NSE during early tre on Tuesday, February 13.
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10:55 IST, February 13th 2024