Telecom company Kavveri Telecom Products today said its subsidiary has signed an agreement with an operator to provide inbuilding wireless solutions that will contribute substantial revenues for the company.
Kavveri Telecom Products rose 4.15 per cent to Rs 48.9 on the acquisition of a design and development firm in Canada by the company's subsidiary. Kavveri Technologies, the wholly owned subsidiary has acquired Trackcom Systems International, Canada. With this acquisition, Kavveri will have access to portfolio of RF products and antennas useful for space, defence and telecom applications.
The promoters of Bangalore-headquartered Kavveri Telecom have pledged 500,000 shares of the company with the State Bank of India. The shares have been pledged with the bank as collateral security for the credit limits sanctioned by the bank to the company, according to an official statement.
Bangalore-based Kavveri Telecom Products Limited, a manufacturer of antennas and RF products for the wireless industry, today announced setting up of a new subsidiary, Kavveri Telecom Infrastructure
Telecom products vendor Kavveri Telecom Products is looking to raise $10 million to fund its inorganic growth plans for fiscal 2009, and augment its slated capex of Rs 8 crore for the present fiscal.
Telecom products vendor Kavveri Telecom Products Ltd is taking its contract manufacturing operations to the next level of growth by signing contract manufacturing orders worth Rs 200 crore to supply antennas and radio frequency (RF) line products for the wireless industry.
Kavveri Telecom, a manufacturer of antennas and RF products for the wireless industry, has entered into a strategic partnership with Bangalore-based M S Ramaiah School of Advanced Studies (MSRSAS).
Telecom products manufacturer Kavveri Telecom plans to double its antenna and Radio Frequency (RF) based products capacity from the existing 1 lakh to 2 lakh by end FY08.
Bangalore-based Kavveri Telecom Products Limited is entering into new products related to 3G technology besides ramping up its manufacturing facilities to touch the Rs 300-crore turnover capacity,