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RailTel inks five-year contract with consortium led by 3i Infotech

04 Jan 2023 Evaluate

RailTel Corporation of India has signed a five-year contract with a consortium led by 3i Infotech, a global information technology company based at Mumbai. RailTel has tied up with a technology firm in a bid to monetise its Wi-Fi project at more than 6,100 railway stations across the country. The other members of the consortium are Forensics Intelligence Surveillance and Security Technologies (FISST) and Yellow Inc.

Under the contract, the revenue will be generated by monetizing Wi-Fi footfalls in one of the world's largest integrated public Wi-Fi networks through targeted advertisements and extending multimedia infotainment services for rail passengers. This is India's first multi-year commercial agreement to monetize captive customers of public Wi-Fi network through collaborative efforts.

RailTel Corporation a ‘Mini Ratna (Category-I)’ PSU is one of the largest neutral telecom infrastructure providers in the country owning a Pan-India optic fiber network on exclusive Right of Way (ROW) along Railway track. The company provides broadband telecom and multimedia network across the country.

Peers
Company Name CMP
Bharti Airtel 1832.00
Vodafone Idea 14.96
Indus Towers 387.65
Tata Communications 1763.25
Railtel Corp. India 259.85
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