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November 24, 2024

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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 Wins Order of INR 97 crore for Optical Fibre Cables

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In December 2021, HFCL Ltd. attained funds of INR 600 crore via a Qualified Institutional Placement (QIP) issue. September 5, 2022 HFCL Ltd. and its subsidiary HTL Ltd., have bagged orders of about INR 97 crore from a leading Indian telecom operator. As published in a news daily – the......
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HFCL Bags Order Worth INR 59 Crore for OFC

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HFCL has reportedly received orders from a leading private telecom operator for Fiber to the Home (FTTH) Network and Long Distance Fiber Network in various telecom circles. July 19, 2022 HFCL Ltd. has received orders of INR 59 crore for Fiber to the Home (FTTH) Network and Long Distance Fiber......
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HFCL: Boosting Supply Chain is Critical for Making India a Global OFC Hub

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“India is HFCL’s home, and the Indian market is the core of our business. Full support of the Indian 5G rollout and BharatNet will be a key part of HFCL’s future growth”, says Dr. Peter A. Weimann, Ph.D., Chief Technology Officer, Optical Fibre Cable, HFCL. Himachal Futuristic Communications Ltd. (HFCL)......
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Wire & Cable India Emagazine Mar-Apr Issue 2022

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Wire & Cable India’s Mar-Apr 2022 edition of the e-magazine is now live. Features interviews with Mr. Anil Gupta, Chairman and Managing Director, KEI Industries, Dr. Peter A. Weimann, Chief Technology Officer, HFCL, Mr. Anurag Pandey, Executive-in-Charge, Global Wires India-Tata Steel, Mr. Nirmal Singh, Director, Assomac Machines, Mr. Kamal Jain,......
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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 becomes O-RAN Alliance Member to boost up Open Innovation in 5G

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HFCL will continue to invest in developing a complete portfolio of solutions for 5G Radio Access Network and 5G transport equipment. March 7, 2022 HFCL Ltd. has announced that it has joined the O-RAN Alliance, which is a global community of mobile network operators, vendors, research, and academic institutions in......
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HFCL signs Distribution Deal with Ingram Micro

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The product range of HFCL featuring the new-generation Wi-Fi 5 and Wi-Fi 6 access points, point-to-point and point-to-multipoint unlicensed band radios, L2 and L3 switches, and specialised antennas have been designed, developed, and manufactured in India. February 16, 2022 HFCL has signed a distribution agreement with Ingram Micro India for......
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HFCL Raises INR 600 crore through QIP Issue

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The telecom company is planning to use the QIP proceeds for setting up new manufacturing facilities, capacity expansions, R&D, and product development. December 15, 2021 Indian telecom gear and equipment manufacturer HFCL Limited (HFCL) has raised INR 600 crore through a QIP (qualified institutional placement) issue. The QIP received responses......
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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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