The contract, procured via Sterlite Tech's demerged global services business vertical will be for the Design, Supply, Construction, Installation, Upgradation, Operation and Maintenance of the middle mile network in the said circles.
Tera Software's stock surge comes at a time when the company won a mega BharatNet project and posted profit in September quarter
ITI-led consortium is assisting Centre in connecting urban as well as rural India seamlessly through a web of 4G networks.
There is an anticipation of a substantial private and public investment in enhancing India's fiber penetration, which could result in significant business for the optical fiber players.
Both companies said they would address enterprises' emerging requirements across multiple industry verticals to focus on use cases for a superior customer experience like multi-service premise edge connectivity, intelligent premises, and predictive operations.
Industry experts said the tender will allow multinational and domestic telecom equipment makers to generate additional revenues.
Bharat Broadband Network Limited will provide customer premise equipment and additional fibre required for connecting homes while local entrepreneurs have been tasked with maintaining the network.
Bharat Broadband Network Limited will provide customer premise equipment and additional fibre required for connecting homes while local entrepreneurs have been tasked with maintaining the network.
The scope of this project, considered close to Prime Minister Narendra Modi’s heart, has been expanded to cover all 6.3 lakh villages in the country by 2023.
Telecom Minister Ravi Shankar Prasad said the decision to involve private players was taken after Prime Minister Narendra Modi announced on August 15, 2020 that around 6 lakh villages in the country will be connected with broadband in 1,000 days.
CSC e-Governance Services India, which holds the licence for providing internet services, recorded an increase in data consumption to 4.7 terabytes (TB) as on March 30 from 2.7 TB on March 10.
Maharashtra, Andhra Pradesh, Jharkhand and Odisha were the four worst-performing states.
The government connected 1 lakh gram panchayats under phase 1 of BharatNet project.
Even though there may be no stated ‘allocation for better governance’ in the budget outlay, the intent and spirit of the budget speech for structural reforms will send the right signals to the electorate as well as to the markets.
The secretary has sent a strongly-worded communication to the heads of BBNL and BSNL after she came to know that broadband equipment in over 50,000 village panchayats are non-functional, the sources said.
The phase I of the project, spread over 2016-18, had a collective outlay of Rs 14,426 crore
Under the project, the government aims to connect 1.5 lakh panchayats through 10 lakh kilometres of additional optical fibre
Investment outlay for state-owned Bharat Sanchar Nigam Ltd has been reduced to Rs 4,300 crore for 2017-18, compared to the Budget Estimate of Rs 7,317 crore for the current fiscal.
The government has proposed to provide broadband connectivity to 2,50,000 village panchayats under the ambitious BharatNet project.
IT Minister Ravi Shankar Prasad said the National Optical Fibre Network project, renamed as BharatNet, is one of the pillars of thea programme, and through it, the government plans to establish a network infrastructure by connecting all 2.5 lakh Gram Panchayats through OFC.
The regulator also granted time till Monday for comment submission to people interested in BharatNetconsultation.
Making a suo motu statement in the Assembly, Chief Minister J Jayalalithaa said the Tamil Nadu Arasu Cable TV Corporation (TACTV) has received Internet Service Provider Licence (ISP) from the Union IT Ministry and signed a pact with Indian RailTel for providing high-speed broadband internet services.
Eyeing the multi-billion dollar business opportunities opened by Digital India, billionaire Anil Agarwal-led Sterlite Technologies will invest up to Rs 400 crore on capacity expansion as it targets a major part of the Rs 72,000-crore BharatNet project.