NEW DELHI: (Mar 13) Homegrown telecom gear maker HFCL has bagged a mega deal of around Rs 10,159 crore from a global multinational corporation for supplying optical fibre cable, the company said in a regulatory filing on Friday.

The deal is spread over five years starting 2026 till December 2030.

“The company has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables, through its overseas wholly owned subsidiary. The total potential value of the contract over its tenure is estimated at around USD 1.10 billion equivalent to about Rs 10,159 crore based on prevailing selling prices of OFC products being supplied,” the filing said.

Source: PTI News

Leave a Reply

Your email address will not be published. Required fields are marked *