Latest news with #USOF
Time of India
27-05-2025
- Business
- Time of India
TCIL net profit jumps 112% on-year to ₹156.04 crore in FY25
NEW DELHI: The Telecommunications Consultants of India Limited ( TCIL ) on Tuesday posted a 112% year-on-year jump in its profit after tax (PAT) at ₹156.04 crore in the fiscal year that ended March 31, 2025 (FY25). The telecom PSU had reported a net profit of ₹73.37 crore in FY24. The company's revenue, too, increased by 17% year-on-year to ₹3,502.13 crore in FY25, up from ₹2,603.46 crore in FY24. Exceptional items for the fiscal year came at ₹3,921.95 crore, comprising a gain of ₹4,237.60 crore from Bharti Hexacom Limited (BHL), minus subsidiary provision (-₹244.89 crore) and IPO exposure (-₹70.66 crore). Bharti Airtel has a 70% stake in Bharti Hexacom , with the Centre, through TCIL, holding 15%. Bharti Hexacom offers mobile services in Rajasthan and the Northeast. TCIL has executed projects in over 70 countries. Its overseas operations are currently in the Kingdom of Saudi Arabia, Kuwait, Oman, Mauritius, and Nepal apart from the ongoing pan Africa e-Vidya Bharti and Arogya Bharti Network project operating in more than 15 African countries. The company is also executing several government projects such as the Defence NFS project, Navy OFC projects, Universal Service Obligation Fund (USOF)-funded APSFL and Telengana Fiber Projects, Bharat Broadband Network Limited (BBNL) VSAT, Eklavya School, Bharat Sanchar Nigam Limited (BSNL) Super Edge, Teaching Learning Material for Bihar Education Council, among others.
Time of India
29-04-2025
- Time of India
Mobile connectivity reaches Gunjeparti village after long wait
Raipur: A new mobile tower was established at Gunjeparti village in Usoor police station limits in Bijapur district of Bastar division. The initiative brought long-awaited mobile network access, marking a milestone in rural connectivity, officials said on the matter. This development is part of the Chhattisgarh govt's 'Niyad Nellanar' scheme and the central govt's Universal Service Obligation Fund (USOF) scheme aimed at enhancing telecom access in conflict areas. With the activation of the tower on April 28, mobile and internet connectivity is now accessible not only in Gunjeparti but also in the surrounding villages of Pujarikanker, Chinganpalli, Nelakanker, and Kamalapur. Residents of these villages, previously cut off from the digital world, will now benefit from reliable communication services. The mobile tower is expected to be a game-changer for local students preparing for competitive exams, and youth seeking educational resources online, by providing stronger internet access . by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Egypt: New Small Electric Car For Seniors. Prices Might Surprise You. Electric Cars | Search Ads Undo Speaking about the development, local authorities highlighted that mobile and internet connectivity is no longer a luxury but a necessity, especially in areas striving for development and integration into the digital economy. The network coverage will not only help villagers stay in touch with family and friends but also open avenues for e-governance, telemedicine, education, and economic opportunities, authorities said.
