HCL Comnet tops VSAT service provider list

IT services management company HCL Comnet has emerged as India’s number one
VSAT service provider as per the latest DOT data.

According to a company press release, HCL Comnet achieved leadership position
in emerging segments like commodity exchange, ATM and e-broking which fuelled
its installed base to a phe-nomenal 12,623 over 5530 during March last year,
registering a growth of 78 percent.

The release further said that the company completely dominated the commodity
exchange market by setting up satellite connectivity for all the three exchanges–MCX,
NMCE and NCDEX–in the country. The e-broking segment too saw Comnet
implementing two of every three networks installed in this sector.

Banking and finance seg-ment continued to be the company’s strength with
Com-net networking more ATMs and ca-pturing 53 percent marketshare.

Importantly, the expansion of ITC’s e-chaupal initiative to inc-lude more
centers also significantly contributed to the increase in the company’s VSAT
base.

The company claimed that its installed base on shared hub had increased to
8376 VSATs during this period.

Besides, the company has installed and is managing other eight hubs and 4247
VSATs for private VSAT net-works for NSE, Eastern Com-mand, STPI-KhajaneNet,
IOCL, ERNET, Karnataka Power Transmission Corporation (KPTCL) and NIC.

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