Image Source: Communications Today
RailTel Corporation of India Ltd announced it has received an order worth ₹354.5 million, strengthening its ICT and broadband portfolio. The deal supports RailTel’s diversification into data centers, cloud, and cybersecurity, while reinforcing its role in India’s Digital India mission and boosting revenue visibility in the telecom services market.
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RailTel Corporation of India Ltd has announced that it has secured a new order valued at ₹354.5 million, reinforcing its position as a leading provider of digital connectivity and ICT services. The order highlights RailTel’s growing role in supporting India’s digital transformation initiatives, particularly in government and enterprise sectors.
Key Highlights
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Order Value: RailTel received a contract worth ₹354.5 million, adding to its robust pipeline of projects.
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Business Focus: The order is expected to enhance RailTel’s ICT and broadband infrastructure offerings, aligning with its strategy to expand beyond railway networks.
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Growth Strategy: RailTel continues to diversify into data centers, cloud services, and cybersecurity solutions, leveraging its pan-India optical fiber network.
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Market Impact: Analysts believe the new order will strengthen revenue visibility and improve RailTel’s positioning in the competitive telecom and IT services market.
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Government Push: The deal underscores RailTel’s role in India’s Digital India mission, supporting connectivity and e-governance projects nationwide.
This development reflects RailTel’s commitment to expanding its service portfolio and driving digital infrastructure growth, positioning it as a key player in India’s ICT ecosystem.
Sources: Reuters, Economic Times, Moneycontrol
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