Shyam Networks is aiming at registering a revenue growth of 18 to 20 per cent by the end of 2012, say news reports.

The company?s revenue in 2011 stood at Rs 0.45 billion. To increase its revenue share in data communication and surveillance business, the company is looking at exploring business opportunities overseas.

Earlier in August, Shyam Networks won a deal with a Nigeria based internet service provider Direct on PC for deploying its Point to Point Radio – RM 58, to deliver internet services to the company?s enterprise user community.