Ortel Communications, Odisha’s largest multi-system operator (MSO) that provides cable TV and high-speed broadband services, will reportedly invest Rs 300 crore in the next two years on expansion. The company would use IPO proceeds, debt and internal accrual and equity to meet its funding requirements.
Ortel, which boasts of building up a two-way communication network enabled for ‘Triple Play’ services including video, data and voice capabilities, is learnt to have set an ambitious target of achieving close to 1 million subscribers.
Ortel Communications is a regional cable television and high speed broadband services provider, mainly engaged in the distribution of analog and digital cable television services, high speed broadband services & Voice over Internet Protocol (VoIP) services.
