Bharat Electronics secures order for Set Top Boxes

Bharat Electronics Ltd has announced that the Company has bagged a prestigious order for supply of 200,000 nos. of Set Top Boxes (STBs) from M/s. Wire and Wireless India Ltd of Zee Group, Mumbai. The boxes Will be supplied with embedded conditional access software that enables the subscriber to select and choose the pay channels that he wants to view from the bouquet offered by WWIL. The supplies are expected to start in December matching with the Conditional Access System (CAS) roll out scheduled for January 2007.

The Company has pioneered the design and manufacture of Set Top Boxes in India and has the capacity to meet the high volume requirements of large service providers like WWIL. In addition to Cable STBs, the Company manufactures DTH and DTT varieties also. The metros will have CAS introduction in phases starting from January next year and service providers are getting ready to deploy the STBs in large volume.

Established in 1954, the Company has been a market leader in Defence Electronics and has strong presence in the fields of Military Communications, Radars and Sonars, Broadcasting, Opto-Electronics, Electronic Warfare, Tank Electronics, Telecommunication & Switching and Strategic Components with about 350 products in its portfolio. The Company has been using the technologies and skills acquired over the year to design a number of civilian products such as Electronic Voting Machines to meet specific needs and fulfil niche requirements. Development of Set Top Box (STB) is one such initiative the Company has taken in the recent past to facilitate viewers access the bouquet of channels offered by the service providers.

Source : Equity Bulls

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