10-03-2022 11:14 AM | Source: Accord Fintech
HFCL moves up on launching 5G Lab-as-a-Service to accelerate rollout of 5G solutions
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HFCL is currently trading at Rs. 75.95, up by 3.15 points or 4.33% from its previous closing of Rs. 72.80 on the BSE.

The scrip opened at Rs. 75.10 and has touched a high and low of Rs. 77.20 and Rs. 75.10 respectively. So far 577806 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 101.35 on 17-Jan-2022 and a 52 week low of Rs. 51.55 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 73.90 and Rs. 68.65 respectively. The current market cap of the company is Rs. 10464.07 crore.

The promoters holding in the company stood at 39.20 % while Institutions and Non-Institutions held 8.84 % and 51.96 % respectively.

HFCL has launched 5G Lab-as-a-Service to accelerate rollout of 5G solutions and services. Telecom operators are adopting multi-vendor networks based on cloud native technologies for faster and cost-effective rollout of 5G services and for improved user experience. There is also a need to support multiple frequency bands (sub-6 GHz, millimeter wave) and various deployment scenarios to realize diverse 5G use cases for Consumer, Enterprise and Industry Verticals.

HFCL’s 5G Lab-as-a-Service provides an automated test environment for the private sector, academia and government to work together on product innovations from concept to reality. The 5G Lab provides a sandbox for rapid prototyping of 5G use cases addressing the needs of various industry segments that include manufacturing, transportation, healthcare and retail. The 5G Lab will help to create pre-integrated and pre-validated 5G solutions for Low Mobility Large Cell needed for efficient rollout of rural mobile broadband in the country.

With a proven track record of delivering fully integrated solutions for telecom networks, the company is bringing its system integration expertise to 5G networks. The lab is equipped with a multi-vendor 5G network and industry leading test tools that include signal analyzer and signal generator for RF conformance tests, O-RAN studio, PTP conformance test equipment and anechoic chamber. HFCL has built an agile DevOps-based test platform for automated lab validation, field deployment, and service automation.

HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.