RailTel Corporation of India Ltd, a PSU under the Ministry of Railways, announced on February 2 that it has received a work order from the State Bank of India (SBI) for providing 4G LTE connectivity to 15,000 offsite ATMs spread across the country.
The work order, valid for five years, is valued at Rs 253.35 crore (excluding taxes), according to a press release.
The order is one of the largest projects of providing last mile connectivity on 4G LTE technology in India, said RailTel. The project has been acquired through a competitive bidding process, it added.
Apart from last mile connectivity, the awarded work includes the establishment of a Network Operations Centre (NOC), backhaul connectivity to SBI's Data Centre & Disaster Recovery Centre (DC-DR), a live dashboard for SLA monitoring, a 24X7 helpdesk, etc.
Commenting on the development, Sanjai Kumar, Chairman and Managing Director, RailTel said, “The SBI order is a key milestone for RailTel to provide high speed and reliable last mile connectivity, which is aligned with our core competence and business portfolio. RailTel continues to play an important role in the digital transformation journey of its clients. We will continue to eye more such projects to enhance our revenue stream. We are committed to provide satisfying services to our clients.”
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