According
to a report by Voice and Data Magazine, Hughes Communications India
currently leads the VSAT industry in India, having reportedly
achieved a 52% market share in FY12.
The
Voice and Data report stated that Hughes registered an 18.4%
year-over-year revenue growth for FY12. The company's VSAT services
achieved Rs 167 crore of total revenue. In comparison, during FY11,
Hughes earned Rs 141 crore in total revenue.
Hughes
also deployed 25.4% more VSAT terminals compared to last year. Voice
and Data Magazine noted that Hughes installed 11,303 VSATs
installations during FY12. That accounts for 52% of the total VSAT
systems in India.
Hughes
secured a number of large contracts with Indian companies this FY12.
It will be creating 2,000 site network for State Bank of India,
provide broadband satellite services to link 825 locations for Jaipur
Vidyut Vitran Nigam in Rajasthan, and will deploy a network of 713
sites on behalf of a quintet of Karnatakan utility companies. The
Rajasthan contract will take place over 3 years, while the Karnataka
agreement will be for 5 years.
In
addition, Hughes also got an order from ‘Brown Label’ to set up
around 5,000 satellite terminals at ATM service providers across the
Indian subcontinent.
“The
Voice and Data report is testimony to Hughes overall leadership in
the Indian VSAT industry,” said Partho Banerjee, president and
managing director of HCIL. “Our growth has been led by significant
business wins across the banking and financial services industries
and government projects. We are very proud to be the flag bearers of
the Indian VSAT industry," he continued, "and look forward to maintaining this lead in
the future.”
The
Voice and Data Magazine report stated that VSAT deployments increased by
nearly 6% in FY12, leading to market growth of 6.2%. That raised the industry's overall revenue to INR
500 crore.
The
VSAT industry also experienced several highlights in FY 12. The
Ka-band spectrum (18-28 Ghz) was used for the first time to provide
high-capacity, high-speed bandwidth- and just in time, as on-the-move
mobility applications for voice and video that could take advantage
of the new frequencies became available.
White
label and managed service providers also began wide-scale adoption of VSAT terminals for use
with ATMs. Enhanced VSAT CPEs were developed for security and routing
and dual hubs were now used to generate multi-service integration
business continuity.
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