RailTel Corp bags Rs 122-cr contract from Odisha Government

23 Apr 2022 , 09:14 AM

The order is for provisioning of secondary bandwidth and replacement of equipment along with implementation of SDWAN for Odisha State Wide Network (OSWAN) project for a period of five years.

A software-defined wide area network (SD-WAN) uses software-defined network technology, such as communicating over the Internet using encryption between an organizations locations.

RailTel, a Mini Ratna (Category-I) Central Public Sector Enterprise is an information and communications technology (ICT) provider and one of the largest neutral telecom infrastructure providers in the country owning a pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The Government of India holds 72.84% stake in the company.

The PSU companys consolidated net profit declined 5.24% to Rs 66.01 crore on 1.73% rise in sales to Rs 417.69 crore in Q3 FY22 over Q3 FY21.

The scrip shed 0.04% to end at Rs 117 on the BSE.

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