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November 21, 2024

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Tag : optical fibre

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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 Appoints New Key Executives for OFC business in US and Netherlands

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As per the stock exchnage filing submitted by HFCL, “With an aim to garner scale globally and substantially increase its international business, HFCL has onboarded Dr. Peter A Weimann as the CTO and Mr. Jochen Arms as the Vice President – Sales (DACH Europe) for the Optical Fibre & Cable......
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Telecom Department Puts Forth Rules to Maintain Overhead Optical Fibre Cables

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The recent amendment presents a recommendation of a one-time compensation of INR 1,000 per kilometre for the laying of overhead OFC lines. October 29, 2021 The Department of Telecommunications (DoT) has amended the Indian Telegraph Right of Way (RoW) Rules (November 2016), by clearly outlining a framework regarding the laying......
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“Fibre-to-the-Home segment saw huge offtake due to work-from-home culture”

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Operations and Workforce Management Before Corona In India, even up to the third week of March 2020 (just before the announcement of lockdown by the government, due to the onset of COVID 19 pandemic), as far as the situation in the aspect of ‘operations and workforce management’ is concerned, there......
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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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Prysmian Group Invests for 5G and Broadband Development in North America

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The Italian company specialising in the production of cables for energy and telecom sectors is going to invest around USD 85 million at its facilities in North America, especially for the Prysmian Group Claremont, N.C. facility. September 04, 2021 Prysmian Group has announced an investment of about USD 85 million......
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Openreach and Nokia Test Next Generation of Full Fibre Broadband Technology

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Leveraging 25G PON technology, developed by Nokia, Full Fibre can deliver download speeds of 25Gbps over a single optical fibre and can deployed on existing underlying infrastructure that Openreach is rolling out across the UK. July 16, 2021 Openreach and Nokia have conducted the UK’s first-ever tests of a new......
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STL Declares Global Capacity and Capability Enhancements to Drive the Next Phase of Growth

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STL is expanding footprint in the US, UK, and Europe and is gearing to achieve revenue run rate of Rs 10,000 Cr by end of FY’23. Further, the company is also augmenting optical fibre cable capacity from 33 to 42 million fibre kilometers. July 02, 2021 STL has conducted its......
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FM Nirmala Sitharaman Announces Rs 19,000 crore Additional Outlay for BharatNet

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When all the gram panchayats have been connected by the dedicated optical fibre network, last-mile connectivity to all villages will be provided by the commercial telecom operators. June 29, 2021 With the aim to provide a boost to the Digital India initiative, Finance Minister Smt Nirmala Sitharaman has announced more......
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RS Prasad: Govt Working to Provide Optical Fibre Connection to 6.5 Lakh Villages

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The government is working to provide optical fibre connection to 6.5 lakh villages, Minister of Communications and IT Ravi Shankar Prasad said adding that the country was kept going by the Information Technology mobile infrastructure during the lockdown. March 25, 2021 The government is working to provide optical fibre connection......
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