Kavveri Telecom has completed its acquisitions in Europe with the purchase of Rymsa Telecom Business of Radiacion y Microondas. In this regard the company will invest euro 20 million in Rymsa and the acquisition coincides with the launching of 3G in India.
The acquisition significantly enhances Kavveri’s antenna product portfolio and expands the existing sales channels for its group of companies in Europe and Latin America, the two key geographical markets.
Rymsa has technology that would enhance tower handling capacity of operators, which help bringing down cost. Rymsa was already supplying 4G equipments in Europe.
Kavveri would create separate manufacturing facility for Rymsa requirements at its existing plant in the city. Kavveri achieved revenue of Rs 315 crore in 2010-11 and profit before tax at Rs 38 crore.
Kavveri Telecom Products is currently a leading manufacturer of RF Products and Antennas in India. The company has a major market control in RF products and antennas. The company’s customers include all the leading operators and OEMS including Ericsson, Alcatel Lucent, Nokia Siemens Networks, RCom, Airtel, Vodafone, Idea, Aircel, BSNL to name a few.
| Company Name | CMP |
|---|---|
| Tejas Networks | 406.95 |
| ITI | 294.45 |
| Sedemac Mechatronics | 1636.60 |
| Black Box | 529.35 |
| Quadrant Televenture | 0.40 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: