Latest news with #BharatnetPhase3
Time of India
5 hours ago
- Business
- Time of India
Six lakh villages to get high-speed fibre-based broadband in next 3 yrs: DoT secy
As many as six lakh villages will get connected with a high-speed optical fibre-based broadband network within three years, a senior government official said on speaking at CII-GCC Business Summit, Telecom Secretary Neeraj Mittal said that GCCs (Global Capability Center) are currently concentrated in some of the top cities, and the wider connectivity will help them expand their footprint to tier 2 and 3 towns."Within three years, we will have all the village panchayats, which are roughly about 2.5 lakhs, plus the villages associated with them, which are roughly about 6 lakhs, will get connected to a high-speed fibre network," he said. The government has started rolling out Bharatnet Phase 3 with an outlay of ₹1.39 lakh crore to connect every gram panchayat and villages with an optical fibre cable (OFC) network. The project will also connect mobile towers with OFCs that will boost network speed, as the country will look to begin high-speed 6G services in the future. Mittal said that India has a significantly lower data cost of around 9 cents per GB compared to the global average of USD 2.6, which is a very significant enabler for any GCC. "The enablers of GCC are very well established in India. We need talent, which is very critical. We need connectivity, which is excellent. The capability to innovate, the rule of law, strong IPR protections, all these things make India a very attractive destination," he said. Mittal said India's median broadband speed was about 138 Mbps. "We cover 99.6 per cent of the GCC. There are only two districts in the country where there is no 5G. Recently, three companies have now these new licences fully ready to commercialise, which will connect these tier 2, tier 3 cities and people who would work for these GCCs wherever they want to," he noted. The government recently freed some spectrum to boost wifi proliferation across the country. "We are working on freeing up additional spectrum and creating R&D, SMEs and startups in these fields. We hope that with all these initiatives, the GCCs will find the digital infrastructure not to be lacking when they plan for Tier 2 and Tier 3 cities," Mittal said. He said that the government is trying to bring in ease of doing business for the cable landing stations through a single window portal.
Time of India
13 hours ago
- Business
- Time of India
Tejas Networks posts ₹194 cr loss in Q1 FY26
New Delhi: Domestic telecom gear maker Tejas Networks posted a consolidated loss of ₹193.87 crore in the first quarter ended June 2025, mainly due to a decline in sales, the company filing said on Monday. The company, which supplied 4G gears to state-owned BSNL , had posted a profit of ₹77.48 crore a year ago. The consolidated revenue of Tejas Networks plunged about 87% to ₹202 crore during the reported quarter from ₹1,563 crore in the June 2024 quarter. "We won orders for our routers for Bharatnet Phase 3 and optical equipment from private operators in India. Our shortfall in revenue was due to delays in the receipt of a few purchase orders, including the expansion order from BSNL," Tejas Networks COO Arnob Roy said in a statement. Tejas Networks chief financial officer Sumit Dhingra said a net loss of ₹194 crore was largely due to lower revenue. "We ended the quarter with an order book of ₹1,241 crore, representing a quarter-over-quarter growth of 22%. With the award of the expansion order of 18,685 sites of BSNL 4G to TCS, we expect to receive the corresponding PO (purchase order) for supply of RAN equipment worth ₹1,526 crore," he said.
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Business Standard
20 hours ago
- Business
- Business Standard
Tejas Networks Q1 results: Weak demand leads to ₹194 cr consolidated loss
Domestic telecom gear maker Tejas Networks posted a consolidated loss of Rs 193.87 crore in the first quarter ended June 2025, mainly due to a decline in sales, the company filing said on Monday. The company, which supplied 4G gears to state-owned BSNL, had posted a profit of Rs 77.48 crore a year ago. The consolidated revenue of Tejas Networks plunged about 87 per cent to Rs 202 crore during the reported quarter from Rs 1,563 crore in the June 2024 quarter. "We won orders for our routers for Bharatnet Phase 3 and optical equipment from private operators in India. Our shortfall in revenue was due to delays in the receipt of a few purchase orders, including the expansion order from BSNL," Tejas Networks COO Arnob Roy said in a statement. Tejas Networks chief financial officer Sumit Dhingra said a net loss of Rs 194 crore was largely due to lower revenue. "We ended the quarter with an order book of Rs 1,241 crore, representing a quarter-over-quarter growth of 22 per cent. With the award of the expansion order of 18,685 sites of BSNL 4G to TCS, we expect to receive the corresponding PO (purchase order) for supply of RAN equipment worth Rs 1,526 crore," he said. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
