RailTel looks to Double Revenue to Rs 1,000 cr in 2 year

Posted By: Gizbot Bureau

    The telecom arm of Indian Railways, RailTel Corporation, is looking to double its turnover to Rs 1,000 crore in two years as the company expands into retail broadband and telepresence services.

    RailTel looks to Double Revenue to Rs 1,000 cr in 2 year

    "We are targeting Rs 1,000 crore revenue over the next two years from around Rs 550 crore in financial year 2014-15," RailTel chairman and managing director R K Bahuguna said here last evening.

    Recommended: Top 10 Best Smartphones with 5 MP Plus Selfie Camera Under Rs 10,000

    Bahuguna was in the city to showcase their latest product Telepresence -- full HD video-conferencing services available to corporates and government departments on a rental basis.

    On the services, RailTel director A Seshagiri Rao said: "We are targeting Rs 50 crore fees in the first year itself from Telepresence services." Bahuguna said enterprise business, projects and retail broadband would be the future growth drivers for the company.

    RailTel looks to Double Revenue to Rs 1,000 cr in 2 year

    On company's main revenue contributers Bahuguna said, about 25 per cent of its revenue comes from enterprise connectivity fees from telecom companies, another 25 per cent from government including educational institutes, 15 per cent from cable multi-system operators (MSOs).

    Indian railways share, however, is just 10 per cent, while project execution business is also gaining momentum, he said.

    Recommended: Universal connectivity, net neutrality can coexist in India: Facebook CEO Mark Zuckerberg

    Over the years, as telecom companies are building their own optical fibre cable (OFC) network, the state enterprise is trying to foray into new avenues such retail broadband and telepresence services.

    Railtel, which has about 45,000 km of OFC network across the country, will scale it up to 50,000 km by this fiscal.

    Bahuguna further said: "Retail broadband will be another focus, we have already launched 'Rail Wire' brand broadband in south and now we are looking for partners to launch it in eastern region."

    Source: PTI

    X

    Stay updated with latest technology news & gadget reviews - Gizbot

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more