HFCL shines on introducing indigenous 5G Fixed Wireless Access Products
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HFCL is currently trading at Rs. 81.78, up by 4.51 points or 5.84% from its previous closing of Rs. 77.27 on the BSE.
The scrip opened at Rs. 77.72 and has touched a high and low of Rs. 82.34 and Rs. 77.15 respectively. So far 903799 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 83.10 on 20-Dec-2023 and a 52 week low of Rs. 55.75 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 83.10 and Rs. 72.62 respectively. The current market cap of the company is Rs. 11577.35 crore.
The promoters holding in the company stood at 37.84%, while Institutions and Non-Institutions held 12.99% and 49.17% respectively.
HFCL has introduced its indigenously designed and developed 5G Fixed Wireless Access (FWA) Customer Premise Equipment (CPE) solution. Breaking new ground as the first company in India to achieve this milestone, HFCL's 5G FWA Products will be able to give optical-fiber-like connectivity on 5G wireless networks to the customers bridging the gap between broadband served and unserved areas by ensuring flawless wireless broadband connectivity. This indigenous development underscores HFCL's unwavering commitment to shaping the future of communication and connectivity in the dynamic landscapes of India and beyond.
HFCL's 5G FWA Products deliver not only high-speed and reliable broadband access but will also elevate device experiences, expanding accessibility, and providing faster speeds. This innovative FWA solution, catering to multi-bands (Sub 6 GHz, mmWave), multi-technology (5G Standalone and 5G non-standalone with LTE), Indoor as well as Outdoor eliminates the constraints of physical cable connection simultaneously serving as crucial bridge between the 5G network and end-user devices offering enhanced connectivity. The products are already under trial with domestic and international customers.
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.
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