10054 Investors following HCL Info. Share this News with them.
0
Like this story, share it with millions of investors on M3
HCL bags Rs 591 cr BSNL order
In a move that would hasten the process of making spectrum available for third generation (3G) mobile services, Bharat Sanchar Nigam Ltd has awarded a Rs 591-crore turnkey contract to HCL Infosystems to take up the setting up an optical fibre cable network exclusively for the defence forces.
In a move that would hasten the process of making spectrum available for third generation (3G) mobile services, Bharat Sanchar Nigam Ltd has awarded a Rs 591-crore turnkey contract to HCL Infosystems to take up the setting up an optical fibre cable network exclusively for the defence forces. The optical fibre cable network will enable the defence forces to vacate 45 Mhz of spectrum for use by commercial cellular service providers. This is one of the biggest telecom deals for an IT services company in the Indian telecom space. HCL has in the past taken upprojects for BSNL as a systems integrator.
DoT to fund project
HCL has received the Advance Purchase Order (APO) from BSNL for planning, engineering, supply, installation, and commissioning of network facilities.
The Department of Telecom has decided to cough up the entire money required to create the optical fibre network. DoT will seek the approval of the Cabinet Committee on Economic Affairs (CCEA) to fund the cable project from its budgetary allocation under capital expenses.
DoT has also decided to transfer the network to the Defence after BSNL completes the network.
HCL has received the Advance Purchase Order (APO) from BSNL for planning, engineering, supply, installation, and commissioning of network facilities. 
