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30-08-2024 11:48 AM | Source: Accord Fintech
HFCL moves up on completing BSNL’s Network Infrastructure Enhancement project

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HFCL is currently trading at Rs. 147.30, up by 0.70 points or 0.48% from its previous closing of Rs. 146.60 on the BSE.

The scrip opened at Rs. 147.00 and has touched a high and low of Rs. 149.55 and Rs. 146.70 respectively. So far 531578 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 151.90 on 26-Aug-2024 and a 52 week low of Rs. 61.52 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 151.90 and Rs. 141.90 respectively. The current market cap of the company is Rs. 21322.70 crore.

The promoters holding in the company stood at 37.63%, while Institutions and Non-Institutions held 14.41% and 47.97% respectively.

HFCL has completed the successful commissioning of BSNL’s Network Infrastructure Enhancement Project. Under this project, HFCL has commissioned the highly advanced version of Broadband Network Gateway (BNG), with Control and User Plane Separation (CUPS) architecture and associated subscriber Policy Manager & Authentication platform. The project involved a nationwide deployment across India, with a total value of around Rs 390 crore, including Operations and Maintenance (O&M).

This crucial infrastructure upgradation to CUPS architecture, executed by HFCL in alignment with BSNL’s goal, will transform BSNL’s network to support high-end enterprise customers as well as to bridge the digital divide, especially in rural and remote areas. This new architecture will enable BSNL to enhance its Fiber-to-the-Home (FTTH) based broadband network service expansion.

This cutting-edge technology is designed to improve network efficiency, scalability, and service quality for BSNL’s broadband customers. By improving BNG infrastructure and providing advanced connectivity options, BSNL will ensure more reliable, accessible and affordable broadband services for all its users. Network operators deploy BNG to expand the broadband coverage, and to provide faster and controlled access to avoid any bandwidth constraints, thereby allowing the network to scale up seamlessly. CUPS architecture for BNG is an increasingly capable, versatile and strategic platform that allows independent location, and life cycle management of Control Plane Functions (CPFs).

The upgraded BNG infrastructure will serve as the Internet Gateway for all enterprise and home users of BSNL, as well as for the existing BharatNet network of 1.5 lakh Gram Panchayats and the upcoming pan-India BharatNet expansion in Phase –III. 

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.