News

RailTel Plans INR 700 Crore IPO Early Next Year

wirecableDecember 9, 2020December 9, 2020

December 9, 2020December 9, 2020

As part of the government’s disinvestment programme, public sector player RailTel is lining up an INR 700-crore initial public offer (IPO) early next year, valuing the company at around INR 3000 crore. December 7, 2020 Public sector player RailTel is lining up a INR 700 crore initial public offer (IPO)......

TRAI Mulls Private Sector Participation for Broadband Rollout for BharatNet

wirecableFebruary 9, 2016February 12, 2016

February 9, 2016February 12, 2016

TRAI has sought consultation on a best possible model to complete the project in time November 19, 2015 Telecom Regulatory Authority of India (TRAI) has sought comments from stakeholders on the best model implementation of the national optical fibre network (NOFN), rechristened later as ‘BharatNet’- which aims to connect all......

Indian Railways as Cable and Internet Provider

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

RailTel would be eyeing mostly the non-metro areas not considered by many MSOs as profitable April 23, 2015 Indian Railways is set to become your neighborhood cable and broadband service provider. Its arm RailTel Corp would soon take the project nationwide, which till now was being tested in southern states.......

RailTel Plans Turnover Rs. 1,000 crore by 2017

wirecableMay 28, 2015June 17, 2015

May 28, 2015June 17, 2015

Railtel is set increase its optical fibre network by another 5,000 km to reach 50,000 km by March 2016 Apr 17, 2015 State-run telecom infrastructure firm RailTel is aiming to double its turnover to Rs 1,000 crore in course of the coming two years as it is expanding its presence......

Govt. to Rope in Private Firms to Ramp up Rs. 20,100 Crore NOFN

wirecableJanuary 12, 2015June 22, 2015

January 12, 2015June 22, 2015

November 3, 2014 The center has decided to bring in the private sector to accelerate the Rs. 20.1K crore broadband project-National Optical Fibre Network (NOFN). The move follows the clamorous criticism of the Department of Telecom’s (DoT) decision of involving only state-run companies, thereby causing the delay in the project.......

250,000 panchayats to get OFC network in 2 years

wirecableAugust 31, 2012September 12, 2012

August 31, 2012September 12, 2012

June 21, 2012 Union Minister of State for IT Sachin Pilot said that all the 250,000 panchayats in the country will be broadband enabled with Optical Fibre Cables (OFCs) in the next two years. Addressing an IT summit, the minister said the Centre had earmarked a sum of Rs. 20,000......