Hughes India Wins Rs.200 Crore Ministry Of Finance ATM Project

Hughes Communications India Ltd. (HCIL), a subsidiary of Hughes Network Systems, LLC (Hughes), a provider of broadband satellite networks and services, has announced that it has been contracted to connect 27,000 offsite ATMs with a secure broadband satellite network over the next two years. It has also been contracted to provide managed network services for various public sector banks. The contracts have a total value of Rs. 200 Crore (approx USD 36 million) over an 8 year period, and were awarded by eight Managed Service Providers (MSPs), namely, Accura Infotech, AGS Transact Technologies, EPS, FIS Global, Financial Software and Systems, MphasiS, NCR, and Tata Communications Banking Infra Solutions. Click here for full story