RailTel Corporation of India Limited has bagged a work order from State Bank of India (SBI) for providing 4G long-term evolution (LTE) connectivity to 15,000 offsite ATMs spread across pan-India. The project also entails the operations and maintenance of the entire network for a period of five years. The estimated total value of the project awarded to RailTel is Rs 2.53 billion (excluding taxes).
RailTel has been selected through competitive bidding and this SBI project is one of the largest projects of providing last-mile connectivity on 4G LTE technology in India. Besides last mile connectivity, the project also includes the establishment of network operations centre (NOC), backhaul connectivity to data centre and disaster recovery centre (DCDR) of SBI, live dashboard for service level agreement (SLA) monitoring, 24×7 helpdesk, etc.
Commenting on the development, Sanjai Kumar, chairman and managing director, RailTel, said, “The SBI order is a key milestone for RailTel to provide high speed and reliable last mile connectivity, which is aligned with our core competence and business portfolio. RailTel continues to play an important role in the digital transformation journey of its clients. We will continue to eye more such projects to enhance our revenue stream. We are committed to provide satisfying services to our clients.”