Home
Finance Resources
Investment Planning
Banking
Finance
Stock Market
Futures & Options
Trading
Mutual Funds
Insurance
Taxation
Enquire
Home » Finance News » Hughes bags Rs 22.5 cr order from SBI

Hughes bags Rs 22.5 cr order from SBI

HTML clipboard

New Delhi: Networking solutions provider Hughes Communications said it has received a five-year contract worth Rs 22.5 crore from public sector lender the State Bank of India for deploying satellite broadband network to connect its off-site ATMs across the country.

The contract, valued at Rs 22.5 crore spread over five years, includes turnkey network deployment with system integration, satellite bandwidth and network management, Hughes said in a statement.

Hughes will offer secure VSAT-based connectivity to SBI with backhaul to the bank's Data Centre and Disaster Recovery (DR) locations.

Under this contract, Hughes would provide connectivity to kiosk machines that would be co-located with the ATMs to provide customers details about their account and book railway tickets.

"Satellite broadband has been the backbone of connectivity for the Indian banking industry and Hughes is proud to have connected more than 6,500 Core Banking Solution (CBS) branches and approximately 4,500 ATMs/Kiosk for various banks in the country using this technology," Hughes Communications India vice-president (Enterprise) Shivaji Chatterjee said.

In addition to this, about 2,000 ATMs are to be installed by its associate banks (AB) and this rollout also forms part of scope for Hughes in this project. Being selected for the SBI project, all associate banks of SBI can now place order directly with Hughes for connecting their ATMs as well, Hughes said.



More Finance News
Previous 1 2 3 4 5 6 7 8 9 10 11 Next


put comment
Domain Registration | Windows Hosting | Linux Hosting | Java Hosting | Virtual Dedicated Server | Dedicated Server | Reseller Web Hosting | Unlimited Windows reseller hosting | Unlimited Linux reseller hosting | Cheap Windows reseller hosting | Cheap Linux reseller hosting | Cheap Windows hosting | Best Windows hosting | Windows hosting Multiple Domains | Unlimited Windows hosting | Compare hosting plans | Cheap Linux hosting | Best Linux hosting | Linux hosting Multiple Domains | Unlimited Linux hosting | Cheap asp.net hosting | Best asp.net hosting | unlimited asp.net hosting | Cheap asp.net reseller hosting | Unlimited asp.net reseller hosting | Java Features | Cheap Java hosting | Best Java hosting | unlimited Java Hosting | Unlimited Linux reseller hosting | Java Hosting Multiple Domains| | Matargashti Full Song | Matargashti mp3 Download | Matargashti Video Download | Matargashti Song Tamasha | Prem Ratan Dhan Payo Songs Download | Prem Ratan Dhan Payo Songs mp3 Download | Prem Ratan Dhan Payo Songs Video Download | Pinga Song Download | Pinga Full Song mp3 Download | Pinga Song mp3 Download | Pinga Song Video Download | Latest Bollywood Updates | Bollywood Updates | Prem Ratan Dhan Paayo Songs Download|
© ProfitGuruOnline-2024. All Rights Reserved.