The state-run telecom infrastructure firm, RailTel aims to double its revenues to Rs 10 billion by 2017 as the company expands its product portfolio and services in retail and telepresence segment. The company?s revenues between April 2014 and March 2015 stood at Rs 5.5 billion.
Going forward, a few of the key growth drivers for RailTel include enterprise business and retail broadband. At present, 25 per cent of the company?s earnings come in the form of the enterprise connectivity fees from telecom firms while another 25 per cent of the earnings are contributed by educational institutes. Meanwhile, cable multi-system operators contribute about 15 per cent of RailTel?s revenues whereas Indian Railways account for 10 per cent of the revenues.
Besides tapping enterprise business and retail broadband for growth opportunities, RailTel also plans to increase its optical fibre network by another 5,000 km to reach 50,000 km by March 2016. The company, which has the exclusive right of way along the tracks on Indian Railways, also plans to launch the Rail Wire broadband services in East India. RailTel is already offering the broadband service in South India.
