The Hindu Business Line : Kavveri Tele forms arm to enhance cellular network coverage

Bangalore-based Kavveri Telecom Products Ltd (KTPL) has set up a subsidiary to develop and deploy telecom infrastructure solution that enhances the coverage of cellular networks within large buildings such as malls, cinema halls and high-rises.

The subsidiary Kavveri Telecom Infrastructure Ltd (KTIL) will invest about Rs 100 crore over two years in deploying the in-building infrastructure solution, which is based on radio frequency technology, in some 200 buildings mainly in Bangalore, Chennai, Hyderabad and Kochi, said Mr G. Shivakumar Reddy, Managing Director, KTPL.

"Initially, we are investing Rs 10 crore in the subsidiary and are exploring various options, including a combination of debt and equity to fund the deployment of the solution," Mr Reddy said. Shares of Kavveri Telecom closed 5 per cent higher on the Bombay Stock Exchange at Rs 130.75 on Thursday.

FACILITY FACETS

KTIL intends to follow the build, operate and lease (BOL) model for offering the in-building coverage solution, in collaboration with property builders and developers. The plug and play facility would help telecom operators reduce the time to market their in-building signal enhancement services.

"A maximum of four operators could utilise the solution in a building," Mr Reddy said, adding the pricing model is linked to the number of visitor footfalls.

KTIL would target all telecom service providers and operators and the beneficiaries would be large hotels, malls, commercial complexes, high rise residential buildings, airports, train and bus stations, where visitor footfalls are quite high.

Related Stories:
Kavveri Tele's new focus
Kavveri Telecom in research tie-up
Kavveri Tele buys 2 cos overseas

More Stories on : Telecommunications | New Projects

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Kavveri Tele forms arm to enhance cellular network coverage

GSM operators seek more time in dual tech case

GTL Infra achieves financial closure

Foreign telecom players seek M&A norms relaxation

Quippo Telecom among 17 FDI plans cleared

Technopark launches work on third phase

IBM solution for HPCL

Online job portal launched

Azim Premji takes 10% stake in Subhiksha

CIPSA-RIC sets up 2nd plant

Oracle e-biz suit for Kenya Air

Govt to issue IPTV guidelines

Moser Baer’s solar PV biz gets Rs 411-cr funding