HFCL Gets Rs 65 Crore Order of OFC Supply

Domestic telecom gear firm HFCL’s subsidiary HTL has bagged an order of around Rs 65 crore to supply optical fibre cable to a domestic private telecom operator, the company said on Friday. The company has to execute the order by July, it said in a regulatory filing. “The Company along with its material subsidiary, HTL Limited, has received the purchase orders aggregating to approximately Rs 64.93 crores for supply of Optical Fiber Cables to one of the leading Private Telecom Operators of the Country,” HFCL said in the filing. 

Leave a Reply

Your email address will not be published. Required fields are marked *

Supreme Court Ruling Boosts Indus Towers Shares by Over 3%
Telecom Industry

Supreme Court Ruling Boosts Indus Towers Shares by Over 3%

Indus Towers’ shares rose by over 3% after a significant Supreme Court ruling in the company’s favor. The court granted telecom and tower companies, including Indus Towers, Vodafone, and Bharti Airtel, the right to claim Central Value-Added Tax (Cenvat) credits on duties paid for key infrastructure components, such as tower parts and shelters. This decision […]

Read More
Vodafone Executives Exit Indus Towers Board Following Bharti Airtel's Majority Stake Acquisition
Telecom Industry

Vodafone Executives Exit Indus Towers Board Following Bharti Airtel’s Majority Stake Acquisition

Executives from the UK’s Vodafone Group PLC, who served as non-executive directors on the board of Indus Towers, have resigned following Bharti Airtel’s increase in its stake to over 50 percent in the tower company. With the increased stake, Indus Towers is set to become a subsidiary of Bharti Airtel.  Vodafone Executives Step Down from […]

Read More
Delay in Vi’s ₹25,000 Crore Funding Worsens Financial Struggles
Telecom Industry

Delay in Vi’s ₹25,000 Crore Funding Worsens Financial Struggles

Vodafone Idea (Vi) is grappling with worsening financial challenges as its ₹25,000 crore debt-funding plan faces significant delays, casting doubt on its ability to achieve a turnaround. The setback follows the Supreme Court’s rejection of Vi’s curative petition to recalculate its adjusted gross revenue (AGR) dues, which has further strained the company’s financial outlook. Analysts […]

Read More