MoneyWorks4Me

Suyog Telematics gets LoI from IIT Bombay

17 Jun 2026 Evaluate

Suyog Telematics has received Letter of Intent (LoI) pursuant to its successful H1 bid for setting up and management of telecom infrastructure comprising Ground Based Towers, Roof Top pole/ Cell on Wheel/ Small Cells/ IBs with allied infrastructure for mobile communication services at the Indian Institute of Technology (IIT) Bombay campus.  

The said engagement is in the ordinary course of business. The company considers this development to be a milestone, reflecting its continued participation and success in large-scale infrastructure deployment projects. 

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 269.95
Pace Digitek 154.85
GTL Infrastructure 1.15
STL Networks 45.06
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