Saturday, 31 March 2012
BSNL to connect all Villages by 2014
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State-run telco Bharat Sanchar Nigam Limited (BSNL) aims to establish telecommunication links in all villages across India by 2014 and help expand e-governance in rural and far flung areas in the country. BSNL CMD RK Upadhyaya has revealed that the state-run telco has undertaken a Rs. 20,000 crore project for the setting up of a National Optical Fibre Network (NOFN) for providing Internet and other telco services to villages in the country. The project would be completed within next two years. "Once the NOFN is created, it will help in offering governance, banking and health and other basic services online up to the villages and rural areas," the BSNL official noted.
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Tatas, Vodafone get more time for Cable & Wireless bid
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According to reports, the Mumbai-based company has hired Morgan Stanley to work alongside Standard Chartered, its long-term adviser on the deal. The reports suggest that TCL has amassed a $2 billion war chest. State Bank of India and Australia and New Zealand Bank are believed to have also joined the consortium of lenders led by Standard Chartered. CWW owns fixed lines that are used by mobile operators to provide links to mobile transmitters and switching offices. It also provides voice, data and hosting services to major British companies such as Next, Tesco and United Utilities, and retains an international cable network connecting more than 150 countries. The acquisition would provide TCL, which owns undersea cable assets and offers telecom and Internet services to companies across countries, a larger footprint in voice and data carrier businesses as well as in the undersea cable network. If Tatas prevail, it would mark the latest in a series of British acquisitions by the Indian giant, which already owns Jaguar Land Rover and Corus.
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With the help of our highly efficient products, we have achieved an enviable position in the industry and we use fine quality raw material that is procured from reliable source.
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Tuesday, 27 March 2012
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