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HFCL Limited Announces Launch of IBR Fibre Cables for the UK Market

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HFCL Limited has launched intermittently bonded ribbon (IBR) cables in the UK. The company is targeting the UK market for the lucrative opportunities of tapping urban and rural markets, acceleration of 5G and FTTP adoption, and meeting the growing bandwidth demands. Sep 20, 2023 HFCL Limited (HFCL) has announced the......
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HFCL to Raise about INR 650 crores to Strengthen R&D and Product Development

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HFCL says that the 5G network rollouts, the rise of FTTH networks, and the expansion of rural broadband will lead to a huge CAPEX by the telecom operators globally. September 4, 2022 HFCL Ltd.’s board has given its nod to raise around INR 650 crore which will be invested in......
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HFCL Completes Broadband Connectivity in Gram Panchayats in Jharkhand for BharatNet Project

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After the completion of the OFC laying by HFCL, Jharkhand has become the first state in the country to provide broadband connectivity in all gram panchayats. The company has also deployed 7,869 km of OFC network which links 3,209 gram panchayats, with the GPON network in Punjab. May 6, 2022......
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HFCL Secures INR 288 Crore Orders from RailTel to Set up Data Communication Network

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The project will be completed within a period of 12 months. October 5, 2021 HFCL Ltd. has bagged an order worth INR 287.96 crore from RailTel Corporation of India, a Mini Ratna (category-I) central public sector undertaking (CPSU) of the Ministry of Railways. The order includes setting up of secured......
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HFCL to Raise Funds Worth INR 750 Crore Through Various Issues

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The HFCL board has constituted a fund raising committee, chaired by Managing Director Mahendra Nahata as its chairman. September 3, 2021 Domestic telecom gear maker HFCL Ltd. has received its board’s consent to raise up to INR 750 crore through equity, bonds, debentures or any other securities. HFCL is one......
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HFCL’s Subsidiary HTL Ltd. Commences Production of Wire Harness for Aerospace and Defence industry

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HTL Ltd. has commenced the production of wire harness for global and Indian OEMs in the aerospace and defence industry. May 3, 2021 HFCL Ltd. is pleased to announce that its subsidiary — HTL Ltd., an end-to-end cabling solutions provider has recently established a state-of-the-art Aerospace & Defence wire harness......
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HFCL to Acquire 50 Percent Stake of Nimpaa Telecommunications

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HFCL will pay cash consideration of INR 1 crore for acquiring 50 percent of the diluted paid-up equity share capital of Nimpaa Telecommunications (Nimpaa). The acquisition will be completed by April 2021. March 16, 2021 HFCL Ltd. plans to acquire up to 50 percent stake in Nimpaa Telecommunications — keeping......
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HFCL to Invest INR 125 Crore Into R&D to Bag Civilian and Defence Market Share

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HFCL has a good order book of about INR 7,500 crore, which is double the revenue of last year. January 18, 2021 Telecom infrastructure provider HFCL is planning to invest INR 125 crore in its R&D in 2020-21 in a bid to capture a large chunk of the INR 40,000......
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HFCL Limited to Scale up Hyderabad Unit Cable Production by 33 Percent

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HFCL Limited has invested a total of INR 300-crore in fully-automated high-speed FTTH cable manufacturing unit in Telangana that produces more than 6 lakh fibre kilometres (fkm) of cable per annum. January 13, 2021 HFCL Limited, one of the India’s largest manufacturers of optic fibre cable, is planning to increase......
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