M/s Rail Vikas Nigam Limited - HFCL Limited - Aerial Telecom Solutions Pvt. Ltd. Consortium emerged as the Lowest Bidder (L1) from Bharat Sanchar Nigam Limited (BSNL) for "Development (Creation, Upgradation and Operation & Maintenance) of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model." Nature of order(s) /contract(s): Development (Creation, Upgradation and Operation & Maintenance) Of Middle mile network of Bharat Net on Design Build Operate and Maintain (DBOM) Model. Time period by which the order(s) /contract(s) is to be executed: Three (03) Years for construction & 10 years of Maintenance Contract @ 5.5% per annum of capex for 1st 5 years & @ 6.5% per annum of capex for next 5 years.

Broad consideration or size of the order(s)/contract(s): INR 50,082,035,544.26 RVNL (Lead partner): share yet to be decided HFCL: share yet to be decided ATS: share yet to be decided.