The Central Transmission Utility (CTU) of the country, Power Grid, which has a huge overhead network of telecom highway across India is looking to tap the potential of its telecom business and consultancy.
According to sources, the electricity towers could be an ideal place to locate the cellular phone transmission towers in the future. Once Power Grid transforms its power towers into telecom towers, it will provide bandwidth to new mobile players including the National Knowledge Commission and to the defence forces.
Power Grid is connected across 110 cities and has MoUs with RailTel and Gail Tel for telecom business. Power Grid has created a huge overhead network of telecom highway connecting 60 cities across the country along its power transmission network.Power Grid has already invested around Rs 1,000 crore for telecom infrastructure and the company''s telecom business has made a profit of about Rs 125 crore.Power Grid is also looking for other growth opportunities like consultancy and it has tied up funds for its core businesses too. Power Grid''s strategy to diversify through related businesses and the link between electric towers and telecom towers seems logical enough but we''ll have to wait and see if the PSU has enough marketing savvy to succeed in the brutally competitive world of Indian telecom.
According to sources, the electricity towers could be an ideal place to locate the cellular phone transmission towers in the future. Once Power Grid transforms its power towers into telecom towers, it will provide bandwidth to new mobile players including the National Knowledge Commission and to the defence forces.
Power Grid is connected across 110 cities and has MoUs with RailTel and Gail Tel for telecom business. Power Grid has created a huge overhead network of telecom highway connecting 60 cities across the country along its power transmission network.Power Grid has already invested around Rs 1,000 crore for telecom infrastructure and the company''s telecom business has made a profit of about Rs 125 crore.Power Grid is also looking for other growth opportunities like consultancy and it has tied up funds for its core businesses too. Power Grid''s strategy to diversify through related businesses and the link between electric towers and telecom towers seems logical enough but we''ll have to wait and see if the PSU has enough marketing savvy to succeed in the brutally competitive world of Indian telecom.
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