Domestic telecom gear manufacturer HFCL Limited has commissioned a dedicated 5G R&D centre in Bengaluru on the back of a newly constituted 5G business division. The company yesterday declared the Q1 FY 21 financial results reporting a consolidated PAT of Rs 90.69 crore.
HFCL’s collaborative pursuit of new product development in the key 5G segments including 5G Radio Access Network (RAN) and 5G Transport Equipment both for the Indian and international markets is seeing rapid progress.
“We stand well aligned with the India growth story with a sharper focus on technology indigenization and make in India for the world. The transformed HFCL that we have worked passionately and assiduously towards is ready to meet opportunities with preparation,” said HFCL’s Mahendra Nahata.
HFCL has already started developing 5G radio equipment with 5G macro cell and small cell in the pipeline. The company had kickstarted designing of macro cell design as of May 2021 with small cell design due to start in few weeks back then.
HFCL is expecting amplification in its opportunity spectrum with the expansion of BharatNet, rapidly growing fibre to the home segment, PLI scheme, additional spectrum allocation to the telcos and approval for 5 MHz 4G spectrum to Indian Railways.