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Suyog Telematics receives LoA to install BTS Equipments along Bandra-Worli Sea Link

28 Dec 2016 Evaluate

Suyog Telematics has received a Letter of Acceptance (LoA) from Maharashtra State Road Development Corporation (MSRDC) with respect to bid(s) submitted for installing BTS Equipments on Poles along Bandra - Worli Sea Link in Mumbai for a period of 5 years on as is where is basis.

This letter of acceptance will allow the company to install BTS Equipments on 35 Poles along Bandra - Worli Sea Link on as-is-where-is basis for a period of 5 years. The company expects to complete the remaining formalities shortly and make these sites active for revenue generation in Q4 of FY 16-17.

Suyog Telematics is a growing passive telecommunication infrastructure provider in India, engaged primarily in the business of installing and commissioning of Poles, Towers and Optical Fibre Cable (OFC) Systems in India.

Peers
Company Name CMP
HFCL 215.50
Bondada Engineering 268.35
Pace Digitek 155.35
GTL Infrastructure 1.14
STL Networks 45.06
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