HFCL, through its overseas wholly owned subsidiary, has entered into a five-year supply agreement for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC). The total potential value of the contract over its tenure is estimated at around $1.10 billion equivalent to around Rs 10,159 crore, based on prevailing selling prices of OFC products being supplied.
This is the first instance in the company’s history of entering into a long-term, multi-year OFC supply arrangement of this nature.
HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.
