Bharatnet

Invenia expects to grow revenue to ₹2,000 cr in three years: Vice Chairman

Digital infrastructure and IT services firm Invenia expects to grow its revenue by around 40 per cent to Rs 2,000 crore over the next three years, driven by rising demand for connectivity from data centres and government projects, a senior company official said. Invenia Vice Chairman and Non-Executive Director Ankit Agarwal told PTI in an interview that the company sees a multi-billion dollar business that will be largely driven by influx of data centres and government projects like BharatNet to boost connectivity. "We are looking to take the business from about Rs 1,300 -1,400 crore of revenue this fiscal year to closer to about Rs 2,000 crore in about three years time," Agarwal said. He said that the equity capital of Invenia was around Rs 907 crore and its asset value was close to Rs 2,800 crore as on March 31. "We have a very healthy order book. The company had an open order book of around Rs 4,250 crore as on March 31," Agarwal said. Hived out from Sterlite Technologies, Inve

Tejas Networks Q1 results: Weak demand leads to ₹194 cr consolidated loss

Domestic telecom gear maker Tejas Networks posted a consolidated loss of Rs 193.87 crore in the first quarter ended June 2025, mainly due to a decline in sales, the company filing said on Monday. The company, which supplied 4G gears to state-owned BSNL, had posted a profit of Rs 77.48 crore a year ago. The consolidated revenue of Tejas Networks plunged about 87 per cent to Rs 202 crore during the reported quarter from Rs 1,563 crore in the June 2024 quarter. "We won orders for our routers for Bharatnet Phase 3 and optical equipment from private operators in India. Our shortfall in revenue was due to delays in the receipt of a few purchase orders, including the expansion order from BSNL," Tejas Networks COO Arnob Roy said in a statement. Tejas Networks chief financial officer Sumit Dhingra said a net loss of Rs 194 crore was largely due to lower revenue. "We ended the quarter with an order book of Rs 1,241 crore, representing a quarter-over-quarter growth of 22 per cent. With the a

Why this micro-cap stock zoomed over 100% in 6 days in weak market? Details

A consortium of Tera Software and ITI has emerged as the lowest bidder for three packages of BharatNet phase-3 project, worth a total of Rs 3,022 crore

HFCL consortium to get contract worth Rs 13,000 cr for BharatNet Phase 3

Telecom gear maker HFCL Ltd on Monday said the company along with its consortium partners has been declared the lowest bidder for optical fibre-based broadband network projects worth Rs 13,000 crore under BharatNet Phase III for UP East, UP West and Punjab circles. The company placed bids for UP East and UP West through consortium partners and alone for the Punjab circle. "HFCL-Rail Vikas Nigam Limited (RVNL)-Aerial Telecom Solutions Private Limited, a Consortium has been declared as the Lowest Bidders by Bharat Sanchar Nigam Limited (BSNL), for bids valued at around Rs 6,925 crore to provide middle-mile network in Uttar Pradesh (East) and Uttar Pradesh (West) under the BharatNet Phase III programme," the company said in the filing. The consortium will be awarded 10 years of operation and maintenance (O&M) order at an annual rate of 5.5 per cent of capex for the first five years and 6.5 per cent for the subsequent five years which will be worth about Rs 4,155 crores, after ...

BSNL floats Rs 65,000 crore tender for phase-III BharatNet project

The last date for companies to seek clarifications is March 3. Companies will have till April 2 to submit their bids

'President of Bharat': Here is what the SC said on renaming India in 2020

In 2020, a Delhi-based man had filed a plea before the Supreme Court, where he said that replacing the word 'India' with 'Bharat' or 'Hindustan' will 'instill a sense of pride in our own nationality'

Cabinet approved Rs 1.3 trillion Bharatnet package: Top DoT official

A new operational model has been adopted to cover 640,000 villages under Bharatnet within next 2 years

Tech firm Astrome takes high-speed internet to India's hinterlands

IISc-backed Astrome has deployed India's first indigenous technology to facilitate rural 4G and 5G connectivity for the BharatNet Project.

DoT proposes to drop Bharatnet infra from its asset monetisation plan

The Department of Telecommunications (DoT) has proposed not to monetise rural broadband network infrastructure built under Bharatnet project and plans to replace it with alternate assets to achieve its target fixed under the National Monetisation Pipeline (NMP), sources said. Sources also told PTI that BSNL tower monetisation bid launch will be targeted within FY22-23. According to sources, the earlier attempt to monetise the asset under Bharatnet failed to get satisfactory response from private players. "Bid response under PPP (public-private partnership) mode was not satisfactory," the source said. DoT under the ministry of communications has so far not raised any money through asset monetisation against the target of Rs 20,180 crore in the current financial year. An e-mail sent to DoT seeking comments remained unanswered. According to the NMP document, 5,25,706 kilometres of optical fibre has been laid under Bharatnet project which aims to connect all villages in the country w

BSNL-BBNL merger close to finalisation, Deloitte to submit report on Friday

On July 27, the government approved a DoT proposal for the "Revival of BSNL and merger of BBNL with BSNL"

UP, Gujarat, Madhya Pradesh likely to get funds for optical fibre cables

States have to ensure that there is no duplication of the existing Bharat net project in setting up OFC networks

BharatNet plan to set up rural fibre networks slowed down in pandemic

Completion rate is less than a third, and at current pace it would take another two years to cover all gram panchayats in the country.

Starlink and OneWeb: Can satellite broadband bridge India's digital divide?

Satellite-based broadband connectivity promises to bridge India's digital divide. But can it deliver? What challenges does it face? Let's look at this new technology and understand and its pitfalls

TMS, Ep 38: Diwali for theatres, satellite broadband, Paytm-Sapphire IPOs

Does Diwali glitter mean turnaround for the Indian film industry? Will satellite broadband bridge India's digital divide? What is digital gold, and should you invest in it? Get all the answers here

Tamil Nadu sets ball rolling on BharatNet, ties up with L&T and other firms

SPV is implementing the project to provide 1 Gbps bandwidth connectivity to all 12,525 gram panchayats in the state for Rs 1,815.32 crore

BBNL defers Rs 19,041 cr Bharatnet broadband tender bid date to Sep 14

State-run Bharat Broadband Network Limited has deferred bid dates for Rs 19,041 crore BharatNet broadband tender to September 14 after potential bidders raised more than 2,000 queries on the project. An official source told PTI that the bid dates are likely to be extended further as the queries need to be vetted by the Department of Telecom as well and the entire process may take a few weeks. According to the information published on BBNL, the bid date has been deferred from August 24 to September 14 as of now. Bharat Broadband Network Limited (BBNL) has invited global bids for the development (creation, upgradation, operation and maintenance and utilisation) of BharatNet through a public-private partnership model in nine separate packages across 16 states for a concession period of 30 years. The government has earmarked Rs 19,041 crore viability gap fund for the project. Under the project, the government plans to cover an estimated 3.61 lakh villages (including gram panchayats) .

Govt eyes Rs 35,100 cr from partial sale of Bharatnet network, tower infra

The government expects to realise Rs 35,100 crore from the partial sale of Bharatnet fibre assets and around 13,500 mobile towers owned by state-run telecom firms

BBNL invites global bids for Rs 19,041 crore BharatNet broadband project

Special purpose vehicle BBNL on Tuesday invited bids for Rs 19,041 crore BharatNet project to roll out high-speed broadband services in the rural areas across 16 states.

Cabinet approves Rs 19,041 cr viability gap funding for BharatNet project

The Cabinet on Wednesday approved public private partnership mode for the rollout of BharatNet project in 16 states with viability gap funding of Rs 19,041 crore, Telecom Minister R S Prasad said.

Cabinet okays PPP mode of BharatNet implementation in 16 states

The Union Cabinet on Wednesday approved the revised implementation strategy of BharatNet through Public-Private Partnership mode in 16 states.