Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

HFCL to set up 2nd model PM-WANI Village in Karnataka

Posted On: 2021-06-24 07:03:49 (Time Zone: UTC)


Leading Indian Wi-Fi brand and one of the first TIP Open WiFi compliant solutions provider, IO by HFCL, in collaboration with Telecom Infra Project (TIP), today announced setting up their 2nd PM-W ANI powered connectivity for Baidebattu village in Karnataka. This PMW ANI network will provide high speed Wi-Fi Internet to over 9,000 residents of the otherwise poorly connected village located in Brahmavara Taluk, Udupi district.

The project entails setting up a robust outdoor Wi-Fi network for providing broadband Internet connectivity to the entire village population. The outdoor network will use HFCL IO's TIP Open WiFi based Access Points, Point-to-Point radios, Solar Power over Ethernet (PoE) devices and other network equipment. The Wi-Fi network authentication and regulatory monitoring will be powered by i2el core solutions who will also act as the PDOA under the PM-W ANI model. The network is expected to go live by July 31, 2021.

The integrated package being deployed is indigenously developed and built in India for high performance, is fully secure and designed to withstand and perform under the harsh weather conditions including heavy rainfall that the village receives throughout the year.

The network will offer Wi-Fi Internet with bandwidth of up to 500 Mbps in all common areas of the village that is spread across a radius of 6 kilometers. Due to its remote location under high rainfall zone, and absence of IT and Internet infrastructure, Baidebettu presently does not have any reliable connectivity. As a result, villagers earlier would travel many kilometers to nearby towns to get digitally connected. Recent Covid-19 restrictions further impacted this travel and have severely affected their lives.

With this deployment, the entire village of 9,000 population will come under the broadband fold, which is expected to significantly improve their quality of life by providing them access to digital services such as healthcare, education, entertainment, banking, retail, government digital services and many more.

After the huge success of HFCL' s first PM-W ANI model village deployment, which was setup three months ago in the small remote village of Baslambi in Haryana, HFCL intends to replicate the model and once again demonstrate the strength of the PM-WANI concept powered by TIP's multi-vendor compatible Open WiFi capabilities. HFCL believes that this will not only connect the residents of this remote village and offer them access to all digital services but also inspire other ISPs and solution providers to collaborate & innovate to address the two biggest challenges to rural connectivity - affordability and accessibility.

HFCL's Promoter & Managing Director, Mr. Mahendra Nahata said, "We at HFCL are committed to transforming #InternetForAll into a ubiquitous reality and have successfully collaborated with leading core solution providers to strengthen the connectivity ecosystem. After great success of our first model PM-WAN! village in North India, where we deployed our robust, scalable, interoperable, and TIP OpenWiFi based Access Points to provide broadband access, we are now replicating the model in a remote village in Southern India. With this initiative, we believe students in the village will no longer need to travel to get connected and this would pave the way for every villager to stay connected and explore infinite possibilities to grow in all areas of life. This further demonstrates our faith in PM-WANI scheme as a significant enabler in connecting the remotest parts of the country."

TIP's Chief Engineer David Hutton said: "We are glad to have HFCL as an active participant of the TIP OpenWiFi community. It is heartening to see HFCL 's enthusiasm and commitment to making multivendor Wi-Fi architecture a reality. HFCL 's "Built in India" disaggregated OpenWiFi solutions in conjunction with PM-WAN! demonstrates early success in employing TIP OpenWiFi to address the digital divide."

"We are pleased to associate with HFCLfor yet another PM-WAN! opportunity. It feels proud to be part of another HFCL 's "Connect the Unconnected" initiative using their TIP OpenWiFi compliant solutions. This further emphasizes HFCL 's commitment to make in India world class network equipment to connect the unconnected. This also demonstrates their faith in PM-WAN! scheme as the key driver to provide broadband Internet access to all citizens of the country, " said Satyam Darmora, Founder & CEO, i2el.

Shares of HIMACHAL FUTURISTIC COMMUNICATIONS LTD. was last trading in BSE at Rs.66.75 as compared to the previous close of Rs. 66.8. The total number of shares traded during the day was 13498439 in over 39723 trades.

The stock hit an intraday high of Rs. 72.65 and intraday low of 64.55. The net turnover during the day was Rs. 937666810.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Multi Commodity Exchange of India Limited Q1FY22 consolidated PAT at Rs. 39.80 crores

pTron launches country's first Made-in-India Active Noise Cancellation TWS Earbuds with Pooja Hegde

Aksharchem India Ltd resumes production of H-Acid plant at Indrad

IMFA Q1 FY22 results boosted by higher FeCr prices

Gayatri Projects Limited inks MoU with overseas investor for exploring fund infusion

United Drilling Tools Ltd Board declares First Interim Dividend of Rs. 0.60

Avantel Ltd receives order for Rs. 7.80 crore

ITC Ltd reports consolidated net profit of Rs. 3343.44 crores in Q1FY22

Mayukh Dealtrade Ltd Q1FY22 net profit at Rs. 25.44 lakhs

Kothari Fermentation and Biochem Ltd posts Rs. 1.70 crore PAT in Q4FY21

Vivanza Biosciences Ltd Q1FY22 consolidated PAT at Rs. 32.18 lakhs

Zee Media Corporation Ltd Q1FY22 consolidated loss at Rs. 9.06 crore

Sacheta Metals Ltd Q1FY22 PAT at Rs. 0.44 crore

ICICI Bank Ltd reports consolidated PAT of Rs. 4747.42 crore in Q1FY22

Zenotech Laboratories Ltd Q1FY22 PAT rises to Rs. 3.49 crore

CyberTech Total Revenue for Q1FY22 was Rs 351 million, up by 12.4% QoQ basis

NILA Spaces Limited to develop residential project at GIFT City, Gandhinagar

Raymond strengthens its board through the appointment of new director

KPI Global Infrastructure Ltd to migrate to main board of BSE and NSE

United Drilling Tools Ltd Q1FY22 PAT rises to Rs. 14.12 crore

Sportking India Ltd Q1FY22 net profit zooms to Rs. 78.99 crore

Jasch Industries Ltd Q1FY22 PAT slips QoQ to Rs. 3.10 crore

G N A Axles Ltd Q1FY22 consolidated PAT jumps to Rs. 29.46 crore

Chembond Chemicals Ltd Q1FY22 consolidated net profit at Rs. 4.78 crore

Camex Ltd Q1FY22 consolidated loss at Rs. 53.73 lakhs

Automotive Stampings and Assemblies Ltd Q1FY22 loss at Rs. 8.80 crore

Zen Technologies Ltd Q1FY22 consolidated loss at Rs. 1.13 crore

Hikal Ltd halts factory operations temporarily at Mahad unit due to flooding

Trishakti Electronics and Industries Ltd Q1FY22 PAT at Rs. 28.13 lakhs

Indian Metals and Ferro Alloys Ltd Q1FY22 consolidated PAT jumps to Rs. 99.09 crores

H G Infra Engineering Ltd receives LOA from NHAI for UER project in Delhi

JSW Steel Limited completes payment of consideration to Welspun Corp for acquisition of PCMD business

3P Land Holdings Ltd Q1FY22 consolidated PAT at Rs. 8.62 lakhs

ICRA reaffirms longterm rating of Cantabil Retail India Ltd

ICRA Ltd assigns rating to Edelweiss Financial Services Limited

Majesco to build a Proptech Ecosystem, to acquire 51% stake in K2V2 Technologies Pvt Ltd

Transcorp International returns to Cash Profits - remains bullish on outward remittance and PPI Payments Systems business

Dynamatic Technologies Ltd concludes sale of foundry business

Veer Global Infraconstruction Limited acquires land in Vasai, Palgarh

Kirloskar Industries Limited's arm approves revised plan for its land parcel at Kothrud, Pune

Aurionpro Solutions Ltd posts Q1FY22 consolidated PAT of Rs. 14.21 crore

CyberTech Systems and Software Limited Q1FY22 consolidated net profit at Rs. 3.94 crore

Reliance Industries Ltd Q1FY22 consolidated net profit declines to Rs. 12273 crores

Symphony Ltd Q1FY22 consolidated PAT at Rs. 6 crore

Artson Engineering Ltd reports net profit of Rs. 55.53 lakhs in Q1FY22

Dynamatic Technologies Ltd Q1FY22 consolidated PAT at Rs. 2.52 crore

Majesco Ltd Q1FY22 loss at Rs. 2.41 crore

Sat Industries Ltd Board recommends Dividend of Rs. 0.10

Navkar Corporation Ltd board approves expansion plan

N R Agarwal Industries Limited's ratings reaffirmed, rated amount enhanced


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020