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HFCL

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Security

Homeland Security

Defence

Surveillance and Intelligent Traffic Solutions
Railway Solutions
Train protection and management systems at work
Telecom Network Solutions
Technicians erecting a unipole mobile telecom tower
Optical Fiber Cables
HFCL Optical Fiber Cable plant at Goa
Network Equipment & Electronics
SMT Lines at HFCL Electronics factory at Solan



WHO ARE WE

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Over the past three decades, HFCL has delivered innovative, customized and
competitive products and latest solutions in the high technology
telecommunications infrastructure sector, thereby enabling its customers to stay
ahead of their peers in technology and network efficiency. The Company’s
activities cover the entire value chain from the manufacturing of leading edge
telecommunication products to implementation of telecommunication networks.

The Company specializes in manufacturing of telecommunication equipment, optical
fiber cables and intelligent power systems. As a telecommunication solutions
provider, the Company has implemented several Greenfield projects, including the
setting up of CDMA & GSM networks, satellite communications, wireless spectrum
management and DWDM optical transmission network.

Read More




PRODUCTS

HFCL is a leading manufacturer of optical fiber cables, optical transport, power
electronics and broadband equipment for the telecommunication industry. The
Company has state of the art modern production facilities at Solan (Himachal
Pradesh), Goa, and Chennai (Tamil Nadu) and caters to both Indian and global
markets.

HFCL, in Joint Venture with a Canadian enterprise DragonWave, supplies full
range of Point-to-Point Microwave Radio Links (IP radios up to 23Ghz).

HFCL products are based on advanced technological designs, suited to the extreme
environments prevalent in India and have the reputation of being robust and
reliable. Besides India, our products are exported to the UK, Eastern Europe,
Africa and Middle East as well as the South and South East Asian regions.

Fiber Optic Cables manufactured at Goa plant

Automatic PCB assembly at Solan plant

12
Erection of 4G Mobile Tower

Technicians preparing for 4G Tower installation

12


SOLUTIONS

HFCL provides comprehensive solutions for building of wireless and optical
telecommunication networks, such as Optical Transport networks (DWDM), Rural GSM
networks, Broadband Access networks, Radio Backhaul, Fiber to the Home and
In-Building solutions.

Our “concept-to-completion” approach offers a bouquet of services which includes
feasibility studies, choice of media survey, design, planning and engineering
supply, laying down of Optical Fiber Cables, installation and integration,
commissioning and network maintenance. HFCL offers innovative integrated power
solutions, indigenously developed at our labs and factories, to provide highest
network uptime at optimum costs.

HFCL through its Polish technology company Polixel, offers surveillance and
security technologies that provide safer and smarter urban civilian environment.


INDUSTRIES WE SERVE...


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INVESTORS

Stock Information
Corporate Governance
Annual Reports
Financial Results
Corporate Announcements
Investors' Contact


 * 114%
   
   CAGR Revenue
   (FY 2012-15)


 * 210%
   
   CAGR
   EPS
   (FY 2012-15)


 * 159%
   
   CAGR
   Net Profit
   (FY 2012-15)


Managing Director’s Message


NEWS & EVENTS




HFCL IN NEWS

05-06 May-2022 Electronic/Print Media

WIPRO AND HFCL ANNOUNCE 5G PRODUCT DEVELOPMENT PARTNERSHIP

01-04 April-2022 Electronic/Print Media

BHARATNET: HFCL COMPLETES BROADBAND CONNECTIVITY IN ALL GRAM PANCHAYATS OF
JHARKHAND

21 February-2022 Electronic/Print Media

HFCL JOINS O-RAN ALLIANCE TO SPEED UP OPEN INNOVATION IN 5G

08 February-2022 Electronic/Print Media

HFCL SIGNS INGRAM MICRO AS DISTRIBUTOR FOR ITS ‘IO’ LINE OF PRODUCTS

07-14 January-2022 Electronic/Print Media

HFCL STRENGTHEN BUSINESS, APPOINTS 3 NEW INDUSTRY LEADERS

10 January-2022 Electronic/Print Media

HFCL POWERS NETWORK OFFERINGS WITH AI; TEAMS UP WITH APRECOMM

29 December-2021 Electronic/Print Media

HFCL GETS APPROVAL AS ‘TRUSTED SOURCE’ FROM NSCS

17 December-2021 Electronic/Print Media

HFCL ANNOUNCES RAISING OF FUNDS AMOUNTING TO 600 CR BY QIP ISSUE

12 October-2021 Electronic/Print Media

MEDIA REPORT ON HFCL Q2 PROFIT UP 61% TO RS.86 CR

12-15 July-2021 Electronic/Print Media

MEDIA REPORT ON HFCL NET PROFIT JUMPS OVER TWO-FOLD TO RS 117 CRORE IN JUNE
QUARTER, REVENUE STANDS AT RS 1,343CR

05-06 July-2021 Electronic/Print Media

MEDIA REPORT ON HFCL SURGES 16% AS IT SETS UP SECOND WI-FI VILLAGE IN KARNATAKA

24-25 June-2021 Electronic/Print Media

MEDIA REPORT ON HFCL TO SET UP 2ND MODEL PM-WANI VILLAGE IN KARNATAKA

17 June-2021 Electronic Media

MEDIA REPORT ON HFCL TO BUILD PORTFOLIO OF 5G PRODUCTS FOR INDIAN, FOREIGN
MARKETS

02 June-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL TO PARTICIPATE IN PLI FOR TELECOM, NETWORKING PRODUCTS
MANUFACTURING

21-23 May-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL STOCK PRICE ZOOMED OVER 100% IN A MONTH

11-18 May-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL ANNOUNCEMENT LAUNCH OF ITS TIP OPENWIFI COMPLIANT ACCESS
POINTS READY FOR PM-WANI DEPLOYMENTS

17-23 Mar-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL WINS RS.221 CRORE ORDER FROM UP METRO RAIL CORPORATION

09-15 Mar-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL LIMITED AND VVDN TECHNOLOGIES JOINTLY SETTING UP A MODEL
PM-WANI VILLAGE IN BASLAMBI, HARYANA

09-Feb-2021 Electronic/ Print Media

MEDIA REPORT ON HFCL’S HOMEGROWN WI-FI 6 PORTFOLIO, TEAMS UP WITH QUALCOMM

05-Feb-2021 ET Telecom

SELF-RELIANCE IN DEFENCE ELECTRONICS MANUFACTURING TO CUT PROCUREMENT COST: HFCL

14-Jan-2021 ET Telecom

OPTIC FIBRE MAKES A MAJOR PART OF TELECOM CARRIERS DIGITAL INFRASTRUCTURE SPEND

12-Jan-2021 ET Telecom

HFCL TO UP HYDERABAD UNIT CABLE PRODUCTION BY A THIRD

06-Jan-2021 ET

MAKE IN INDIA: HFCL SHIPS 1 LAKH INDIGENOUS WI-FI SYSTEMS IN RECORD TIME

06-Jan-2021 ET Telecom

ATMANIRBHAR BHARAT: HFCL SUPPLIES 1 LAKH INDIGENOUS WI-FI SYSTEMS

06-Jan-2021 Electronic / Print Media

MEDIA REPORT ON FINANCIAL RESULTS OF Q3 OF FY2020-21

14-Jan-2021 Electronic / Print Media

MEDIA REPORT ON COMPLETING SHIPMENT OF 1 LAKH UNITS OF WIFI PRODUCT PORTFOLIO

18-Dec-2020 Electronic / Print Media

MEDIA REPORT ON START OF COMMERCIAL PRODUCTION OF NEWLY SETUP FTTH FACILITY AT
HYDERABAD

14-Dec-2019 CNBC – TV18

INTERVIEW OF MR. MAHENDRA NAHATA, MANAGING DIRECTOR OF THE COMPANY

Interview of Mr. Mahendra Nahata, Managing Director of the Company…

14-Oct-2019 DigiAnalysys

MR. MAHENDRA NAHATA, MANAGING DIRECTOR OF THE COMPANY AT INDIA MOBILE CONGRESS
14-16 OCTOBER, 2019

Mr. Mahendra Nahata, Managing Director of the Company…

25-Jun-2019 Newsroom Post

BHARAT NET PHASE II KICKS OFF IN JHARKHAND, TO CREATE ROBUST DIGITAL
INFRASTRUCTURE

Bharat Net Phase II kicks off in Jharkhand, to create robust digital
infrastructure…

02-Jun-2019 ET NOW

MR. MAHENDRA NAHATA, MANAGING DIRECTOR OF THE COMPANY AT LEADERS OF TOMORROW –
SEASON 7

Mr. Mahendra Nahata, Managing Director of the Company…

03-Apr-2017 Business World

HFCL: T FOR TELECOM

HFCL Ranked 3rd in this year’s BW Businessworld’s Fastest Growing Companies…



20-Jun-2016 Business Standard

BSNL CONTRACTS HFCL TO ‘REWIRE’ ARMED FORCES

BSNL contracts HFCL to ‘rewire’ armed forces…



08-Jun-2016 Dainik Jagaran

गांव मे परामर्श देगी मोबाइल मेडिकेयर यूनिट

गांव मे परामर्श देगी मोबाइल मेडिकेयर यूनिट…



08-Jun-2016 Dainik Bhaskar

एच एफ सी एल नें हेल्पएज इंडिया के सहयोग से सोलन में चलाई स्पेशल मोबाइल मेडिकेयर
यूनिट - लोंगो को घरद्वार मुहैया होंगी स्वास्थ्य सुविधाएं

एच एफ सी एल नें हेल्पएज इंडिया के सहयोग से सोलन में चलाई स्पेशल मोबाइल मेडिकेयर
यूनिट – लोंगो को घरद्वार मुहैया होंगी स्वास्थ्य सुविधाएं…



08-Jun-2016 Himachal Dustak

एच एफ सी एल और हेल्पएज इंडिया की संयुक्त पहल - सोलन में बस में बैठे-बैठे होगा
ईलाज

एच एफ सी एल और हेल्पएज इंडिया की संयुक्त पहल – सोलन में बस में बैठे-बैठे होगा
ईलाज…



08-Jun-2016 Yugmarg

HFCL FLAGS OFF MOBILE MEDICARE UNIT

HFCL flags off mobile medicare unit…



07-Jun-2016 Amar Ujala

वरिष्ठ नागरिकों को ग्रामीन क्षेत्रों में घरद्वार मिलेंगी स्वास्थ्य सेवाएं

वरिष्ठ नागरिकों को ग्रामीन क्षेत्रों में घरद्वार मिलेंगी स्वास्थ्य सेवाएं…



23-May-2016 Economic Times

HFCL, STERLITE LOWEST BIDDERS FOR BSNL DEAL

HFCL, Sterlite lowest bidders for BSNL deal…



29-Mar-2016 Livemint

PRIVATE DEFENCE FIRMS KEEN ON MAKE IN INDIA

HFCL is just one of the private firms eyeing defence projects. Between January
2001 and February 2016, the commerce ministry has granted …


PRIVATE DEFENCE FIRMS KEEN ON MAKE IN INDIA

HFCL is just one of the private firms eyeing defence projects. Between January
2001 and February 2016, the commerce ministry has granted 333 industrial
licences to private firms for defence manufacturing, according to data on the
department of industrial policy and promotion (DIPP) website.

Domestic telecom equipment maker Himachal Futuristic Communications Ltd (HFCL)
is known for two things: in the late 1990s, it made outrageous bids for telecom
licences and later on it had its share of run-ins with the capital markets
regulator for its suspected involvement in rigging share prices in a case dating
back to 1999-2001.

But that’s the past and it’s makeover time as the company, with revenue of
Rs.2,553 crore in 2014-15, has won government licences to design, develop and
manufacture aircraft and unmanned aerial vehicles.



27-Mar-2016 Economic Times

HFCL IN TALKS WITH GLOBAL DEFENCE ELECTRONICS MANUFACTURERS FOR JV

KOLKATA: Himachal Futuristic Communications (HFCL) will shortly float a joint
venture company with a global partner to manufacture …


HFCL IN TALKS WITH GLOBAL DEFENCE ELECTRONICS MANUFACTURERS FOR JV

KOLKATA: Himachal Futuristic Communications (HFCL) will shortly float a joint
venture company with a global partner to manufacture defence electronics and
communication systems in India, a person aware of the development said.

The homegrown telecom gear and optic fibre cable maker had recently announced
plans to diversify into the defence gear manufacturing space, which is slated to
grow into a $50-billion opportunity in the next five years, according to
experts.

HFCL is in advanced talks with some Tier-1 global defence electronics makers for
the proposed joint venture (JV). “HFCL is likely to soon zero in on a foreign
partner for the proposed JV, and will be the majority stakeholder,” the person
cited earlier told ET. The proposed JV will include a technology-transfer pact,
he said.

Foreign ownership in defence JVs is capped at 49 per cent.

HFCL plans to manufacture high-end defence electronics and critical
infrastructure security systems at its existing factories in Solan and Chennai,
and at its upcoming plant in Gurgaon, the person cited earlier said. The Guragon
plant is likely to be operational in three months.

The critical infrastructure security gear will be meant to secure India’s
defence establishments, including air bases and cantonment zones. HFCL has
bagged industrial licences to locally manufacture a host of defence electronics
products, including radars, night vision devices, electronic warfare systems and
radio communications equipment.

HFCL chairman Mahendra Nahata declined to comment on the defence JV-related
discussions or on the identity of potential partners.

Nahata, however, said: “HFCL is strongly committed to the Modi government’s
‘Make In India’ drive, and would locally manufacture the gamut of defence
electronics equipment, that was, hitherto, being imported”.

The company, he said, has recently bid for supplying equipment for a secure wide
area network for the armed forces. “Cisco and Microsoft are our technology
partners for the Army Wide Area Network (AWAN) project for which HFCL has bid,”
said Nahata. Further, he said, HFCL would manufacture communications and
signalling equipment for the railways at its telecom factories.

Over the next three to five years, the company plans to invest about Rs 500
crore in augmenting existing manufacturing lines for locally churning out
specialised electronics gear for both the defence and railways sectors. The
funds would be raised through a combination of internal accruals and debt. At
present, HFCL’s revenues come entirely from the telecom gear business, but in
the next three years, Nahata expects as much “as 40 per cent of annual revenue
to stem from the new defence and railways verticals”. The company has a turnover
of Rs 2,500 crore.



21-Mar-2016 Hindu Business Line

HFCL TO ENTER DEFENCE EQUIPMENT PRODUCTION

Telecom solutions provider Himachal Futuristic Communications Ltd is all set to
enter defence equipment manufacturing business as part …


HFCL TO ENTER DEFENCE EQUIPMENT PRODUCTION

Telecom solutions provider Himachal Futuristic Communications Ltd is all set to
enter defence equipment manufacturing business as part of its ‘Make in India’
initiative.

The Delhi-based company has already obtained industrial licences to manufacture
a wide range of products for the defence sector such as electronic fuses,
electro optical devices, communication equipment, including the permits to
assembling electronic warfare systems, development and manufacturing of
aircrafts and helicopters, the company stated in a press release on Monday.

“Our aim of getting into defence manufacturing is to bring in world-class
technologies to the country, cut down import on defence products and make
available state-of-the-art technologies to our soldier,” said Mahendra Nahat,
MD, HFCL.

The company is also in talks with global OEMs for strategic tie-up to produce
equipments to make India its global exporting hub for defence manufacturing and
engineering.

HFCL won a sub-project to lay optical fibre cable for defence as part of the
pan-India project – Network for Spectrum (NFS).



21-Jan-2016 Economic Times

HFCL Q3 NET PROFIT RISES 67% TO RS 70 CRORE

Home-grown telecom gear maker HFCL today reported a jump of 66.76 per cent in
its standalone net profit at Rs 70.16 crore for …


HFCL Q3 NET PROFIT RISES 67% TO RS 70 CRORE

“Home-grown telecom gear maker HFCL today reported a jump of 66.76 per cent in
its standalone net profit at Rs 70.16 crore for the three months period ended
December 31, 2015.

Himachal Futuristic Communications Limited (HFCL) had posted a net profit of Rs
42.07 crore in the same period a year ago.”



26-Oct-2015 Economic Times

HFCL Q2 NET PROFIT RISES 4 PER CENT TO RS 71.68 CRORE

Domestic telecom gear maker HFCL today reported 3.97 per cent increase in
standalone net profit at Rs 71.68 crore for second…


HFCL Q2 NET PROFIT RISES 4 PER CENT TO RS 71.68 CRORE

“Domestic telecom gear maker HFCL today reported 3.97 per cent increase in
standalone net profit at Rs 71.68 crore for second quarter ended September 30 on
the back of cost control.

The company had posted a net profit of Rs 68.94 crore in the same period a year
ago.

“We have seen an increase in profits due to cost control and improved margins.
Our optical fibre cables and turnkey projects have been the major contributors
to our overall growth,” HFCL Managing Director Mahendra Nahata said in a
statement.

Himachal Futuristic Communications Limited (HFCL), which manufactures telecom
equipment and optical fibre cables as well as executes telecom turnkey
contracts, reported decline in net sales by 9.69 per cent to Rs 587.52 crore in
the reported quarter from Rs 650.58 crore in corresponding quarter of 2014-15.

“The revenue in the second quarter is marginally low due to the rainy season,
which impacts project implementation. However, the outlook for the second half
looks bright. Besides this, we have seen a huge jump in exports in the first
half of the year,” Nahata said.

The company’s exports increased by 78 per cent to Rs 20 crore from Rs 9.09 crore
in same quarter a year ago.

HFCL has started exporting to UK, Poland, South Africa, Qatar, Dubai, Malaysia,
Iran, Bangladesh, Nepal, and Morocco, he added.

The employee benefits expenses at HFCL reduced by about 37 per cent during
period under review.

HFCL spokesperson said that the reduction was a result of the company moving
around 2,000 out of its about 5,000 employees to clients’ payroll after
completion of project for operation and maintenance.

HFCL had an order-book of around Rs 2,700 crore in the reported quarter which
included Rs 1,500 crore orders for 4G services project, the spokesperson said.

“In order to increase the capacity for manufacturing of optical fibre cables,
the company is setting up manufacturing facility in Chennai, under our
subsidiary called HTL Ltd.

“The commercial production is likely to commence from November 15 onwards. The
impact of this expansion will be visible in the next fiscal,” Nahata said.

HFCL recently ventured in to manufacturing of electronic warfare for defence
segment and sees as one of the pillars for company’s growth in future.

“With the government’s increased impetus to enhance indigenous procurement for
the defence segment, the company has received various industrial licenses for
the manufacturing of electronic warfare systems, radars, UAVs, night vision
system, electronic fuzes and CBRN,” Nahata said.

The company has declared an interim dividend of Rs 3.25 per share on 80,50,000
cumulative redeemable preference shares of Rs 100 each for the financial year
2015-16.

HFCL shares closed 1.95 per cent down at Rs 17.6 apiece, on the BSE today.”



26-Oct-2015 Business Standard

HFCL TO START CHENNAI OPTICAL FIBRE PLANT FROM NOV 15

HFCL to start Chennai optical fibre plant from Nov 15…


HFCL TO START CHENNAI OPTICAL FIBRE PLANT FROM NOV 15

“Himachal Futuristic Communication Ltd (HFCL), manufacturer of optical fibres
and telecom equipment said it would start commercial production of optical fibre
from its Chennai plant from November 15 onwards.

“The impact of this expansion will be visible in the next fiscal,”” said
Mahendra Nahata, managing director, HFCL.

It already has manufacturing facilities in Himachal Pradesh and Goa.

The company, which posted weak revenue growth in July-September quarter, said
the sales was impacted by rainy season which impacts project implementation.
While its net profit rose 4 per cent year-on-year to Rs 71.88 crore, revenue
declined by 9.7 per cent to Rs 587.52 crore.

It is expecting bright prospects in the second half of the current fiscal based
on strong order book it has. The total order book as of today stands around Rs
2,700 crore, HFCL said.”



3-Aug-2015 Money Control

HFCL Q1 NET PROFIT JUMPS 62% TO RS 112 CR

Himachal Futuristic Communications Ltd (HFCL) had posted net profit of Rs 69.47
crore in the same period a year ago…


HFCL Q1 NET PROFIT JUMPS 62% TO RS 112 CR

 

Himachal Futuristic Communications Ltd (HFCL) had posted net profit of Rs 69.47
crore in the same period a year ago.

“Homegrown telecom equipment maker HFCL on Monday reported a 61.78 percent jump
in net profit to Rs 112.39 crore during the first quarter ended June 30.

Himachal Futuristic Communications Ltd (HFCL) had posted net profit of Rs 69.47
crore in the same period a year ago.

The net sales of the company remained largely flat at Rs 625.37 crore compared
with Rs 618.82 crore year ago.

“Around four years back our full revenue was about Rs 267 crore. Now we have
posted sales of Rs 625 crore in a single quarter. Due to cost control and
efficient raw material purchase, we have seen improvement in margins. Our profit
has gone up significantly to Rs 112 crore,” HFCL’s Managing Director Mahendra
Nahata told PTI.

He said that company now has order book of about Rs 3,200 crore which includes
order from Indian telecom operators, Railways and Network for Spectrum project
among others.

The company has telecom equipment manufacturing facilities at Solan in Himachal
Pradesh and optical fibre cable (OFC) manufacturing facilities in Goa.

Besides domestic supplies, HFCL exported telecom gears worth Rs 32 crore to
Europe and Middle East countries. “”We hope to export products , mainly OFC,
worth Rs 100 crore this year. Last year we expanded our OFC facility and now it
is time to reap returns. We are confident of growth from government’s ‘Make In
India’ vision, specially in Defence segment,”” Nahata said.

The company is also diversifying business to cater railways and defence
projects. “”We have now put in place dedicated team for Railway and Defence. We
don’t expect profit from these segments in this year and we should be able to
make good business from next year onward,”” Nahata said. HFCL shares closed at
Rs 15.03 apiece up 13.61 percent on BSE.”



3-Aug-2015 Business Standard

HFCL NET RISES 62% TO RS 112 CR ON STRONG OPTICAL FIBRE DEMAND

HFCL net rises 62% to Rs 112 cr on strong optical fibre demand…


HFCL NET RISES 62% TO RS 112 CR ON STRONG OPTICAL FIBRE DEMAND

“Himachal Futuristic Communications Limited (HFCL), which supplies and lays
optical fibres for telecom and internet service providers such as Airtel, Aircel
and MTS, has posted Rs 112.39 crore profit after tax in the April-June period, a
rise of 62% from last year same period as demand for optical fibre surged and
because of one-time gain from past investments.

In the same period, HPCL revenue went up by little over 1% to Rs 625.37 crore,
compared with Rs 618.82 crore posted last year, supported by demand from optical
fibre business as well turnkey services it provides for satellite and radio
communication, CDMA mobile networks, and spectrum management solution.

During the period, the company earned Rs 38.25 crore as one time interest from
investment made sometime ago, which contributed about a third in improving its
net profit. Besides, an impressive nearly three-fold jump in exports revenue at
32 crore also boosted revenue earnings during the quarter, the company said.

The company’s earnings before interest, tax, depreciation and amortization
(EBIDTA) rose by 4.30% to Rs.91.54 crore in the first quarter, as compared to Rs
87.77 crore in the corresponding quarter of the previous fiscal.

“”Exports is going to be key thrust area going forward. Due to cost control and
efficient raw material purchase, we have seen improvement in margins,”” said
Mahendra Nahata, managing director of HFCL. Optical fibre cables are made up of
glass and plastic and hence movements in crude oil prices affect the raw
material cost.”



14-May-2015 Money Control

HFCL - CODE OF PRACTICES AND PROCEDURE FOR FAIR DISCLOSURE OF...

Himachal Futuristic Communications Ltd has informed BSE that pursuant to SEBI
(Prohibition of Insider Trading) Regulation 2015, the Board of …


HFCL – CODE OF PRACTICES AND
PROCEDURE FOR FAIR DISCLOSURE OF UNPUBLISHED PRICE SENSITIVE INFORMATION

Himachal Futuristic Communications Ltd has informed BSE that pursuant to SEBI
(Prohibition of Insider Trading) Regulation 2015, the Board of Directors of the
Company has adopted a Code of Practices & Procedures for fair disclosure of
unpublished price sensitive information on May 14, 2015.

The Board has also adopted a Code of Internal Procedures and conduct for
regulating, monitoring and reporting of trading in securities of the Company by
insiders on May 14, 2015.



20-Mar-2015 Money Control

VAN ECK ASSOCIATES CORP BUYS 69.42 LAKH SHARES OF HFCL

On March 20, 2015 Van Eck Associates Corporation bought 69,42,674 shares of
Himachal Futuristic Communication (HFCL) at Rs 16 on the …


VAN ECK ASSOCIATES CORP BUYS 69.42
LAKH SHARES OF HFCL

On March 20, 2015 Van Eck Associates Corporation bought 69,42,674 shares of
Himachal Futuristic Communication (HFCL) at Rs 16 on the NSE

On Friday, Himachal Futuristic Communication ended at Rs 16, up Rs 0.15, or 0.95
percent on the NSE.

On Friday, Himachal Futuristic Communication ended at Rs 16, up Rs 0.15, or 0.95
percent on the NSE.

The share touched its 52-week high Rs 24.30 and 52-week low Rs 7.60 on 15
September, 2014 and 26 March, 2014, respectively.

The company’s trailing 12-month (TTM) EPS was at Rs 1.67 per share. (Dec, 2014).
The stock’s price-to-earnings (P/E) ratio was 9.55. The latest book value of the
company is Rs 6.12 per share. At current value, the price-to-book value of the
company was 2.61.

24-Oct-2014 Economic Times

DRAGONWAVE GETS FOLLOW ON ORDERS FOR A 4G NETWORK ROLL OUT

DragonWave had earlier partnered with Reliance Jio Infocomm for … of DragonWave
HFCL India, which represents a joint venture between …


DRAGONWAVE GETS FOLLOW ON ORDERS
FOR A 4G NETWORK ROLL OUT

DragonWave, a supplier of packet microwave radio systems for mobile networks,
said Friday it has received follow on purchase orders for Horizon Compact+ links
from a major Indian 4G provider.

Canada-based telecom gear maker didn’t mention the customer name for these
follow on purchase orders. It also didn’t specify any financial details.

DragonWave had earlier partnered with Reliance Jio Infocomm for 5,000 turnkey
Horizon Compact+ links in support of the Mukesh Ambani-headed telco’s plan to
roll out extensive, nationwide 4G/LTE networks. The partnership was inked in May
this year between both the companies.

Jio is in advanced stages of deploying a pan-India, 4G LTE and fiber-to-home
network that will provide both broadband and voice communication services.

“India is a very important market and our solutions are ideally placed to
deliver cost effective capacity for operators who are modernizing their networks
to deliver 4G services. We are pleased to have received additional orders from
this key Indian customer to further build out their 4G Network,” DragonWave
president and chief executive Peter Allen said in a statement.

In India, the company has a presence in the form of DragonWave HFCL India, which
represents a joint venture between DragonWave , and Himachal Futuristic
Communications Ltd (HFCL).

28-May-2014 Economic Times

RELIANCE JIO AWARDS PACKET MICROWAVE RADIO DEAL TO DRAGONWAVE

Mukesh Ambani owned Reliance Jio Infocomm has selected DragonWave Solutions as a
packet microwave radio systems …


RELIANCE JIO AWARDS PACKET
MICROWAVE RADIO DEAL TO
DRAGONWAVEFOR LTE LAUNCH

Mukesh Ambani owned Reliance Jio Infocomm has selected DragonWave Solutions as a
packetmicrowave radio systems provider for its soon to be launched 4G/LTE
network in the country.

Under the deal, DragonWave Solutions will provide microwave products and related
services to Reliance Jio Infocomm, the Canada-based company said in a statement
Thursday.

DragonWave will provide 5,000 turnkey Horizon Compact+ links in support of the
Reliance Jio’s plan to roll out extensive, nationwide 4G/LTE networks.

The deployment will also include services to be delivered by DragonWave’s Indian
joint venture, DragonWave HFCL.

“This is also DragonWave HFCL’s first major services win in India, showing our
deployment capabilities have matured,” Ram Raghavan, chief executive of
DragonWave HFCL, said in the statement.

The solution provider said that its Horizon Compact+ was extensively tested by
Reliance Jio and found acceptable for use as transport system for high capacity
backhaul to support their upcoming 4G network.

“We believe that the Horizon Compact+ radio brings considerable value in India
where backhaul spectrum is both limited and expensive,” Peter Allen,
DragonWave’s President and CEO, said.

Reliance Jio is preparing to launch its 4G voice and data services later this
year. It has tied up a slew of infrastructure sharing deals in the recent past
for a cheaper and speedier roll out of its services.

20-May-2012 Economic Times

HFCL JUMPS 20% ON BUZZ OF PACT WITH RELIANCE INDUSTRIES

In May 2010, Reliance Industries acquired a 95 percent stake in Infotel from
HFCLGroup and announced an investment of Rs 4,800 crore …


HFCL JUMPS 20% ON BUZZ OF PACT
WITH RELIANCE INDUSTRIES

Himachal Futuristic Communications Ltd (HFCL) hit the upper circuit filter of 20
percent at Rs 12.69 on reports that Reliance Industries ( RIL) plans to roll out
its 4G network in partnership with the company.

“RIL plans to roll out its 4G network in partnership with HFCL, the group from
which it acquired pan-India airwaves for high-speed internet and data services
in May 2010,” an ET report said.

“According to people familiar with the development, Reliance-owned Infotel
Broadband will focus on key aspects of the network and monitor the rollout, but
will leave ground-level execution and management to HFCL, which has prior
experience of similar deployment,” the report added.

In May 2010, Reliance Industries acquired a 95 percent stake in Infotel from
HFCL Group and announced an investment of Rs 4,800 crore. Infotel is the only
company with all-India airwaves for high-speed data services, which it won in an
auction for Rs 12,848 crore.

RIL’s return to the telecom sector after a decade is being eagerly tracked and
could shake up the telephony and high-speed data services markets.

It is the only operator in the country that will have an all-India 4G network,
and industry experts expect it to replicate its entry strategy for mobile voice
services in the early 2000s, when it offered subsidised handsets and cheap call
rates that transformed the telecom market.

At 10:54 a.m., shares of Reliance Industries Ltd were trading 0.4 percent higher
at Rs 691.35. The stock has hit a high of Rs 694.10 and a low of Rs 686 in trade
so far.

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