Spanco Tele likely to bag Rs 200 cr contract

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| As per the contract, the company will have to set up close to 2,100 retail service shops, wherein business-to-business (B2B) and business-to-customer (B2C) services will be offered to the people. If the company gets the deal, it will roll out the operations in the next 18 months. |
| The total contract period for the project is for five years. When contacted the company, Ravi Bhatnagar, vice-president, business development, Spanco Telesystems and Solutions, said, "We have bid for the project but we are waiting for the details." |
| The company is expecting business worth Rs 750-800 crore annually from this sector. Spanco's government operations are divided two major geographies"" west-south and north-east. From both these divisions, the company expects to garner Rs 350-400 crore each annually. From Maharashtra alone, it's aiming revenues of about Rs 150-200 crore annually. |
| As larger and newer players entering the segment, Spanco is getting more aggressive. |
First Published: Apr 18 2008 | 12:00 AM IST