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Teledata Informatics Signs MoU with Madhya Pradesh Government

Teledata Informatics has signed an agreement with the State government of Madhya Pradesh to provide rural wireless broadband connectivity along with Motorola. According to the MoU, the villages would be connected to the district head quarters and Bhopal through wireless broadband connectivity. The expected revenue from the contract is Rs.60 cr per annum.

The company proposes to set up a continuum of telecom infrastructure IT applications and distribution systems for providing an effective solution to improve the general life in rural areas of Madhya Pradesh. To achieve the target Teledata Informatics proposes to invest approximately Rs.150 cr and the infrastructure so established will be used for offering many other value added services to the rural population thus helping bridge the digital divide.

In the first phase, Teledata Informatics will be establishing an SPV (Specific Project Venture) in Madhya Pradesh and an operating hub at Bhopal to undertake this project. Teledata Informatics proposes to establish infrastructure to provide connectivity at selected points in Bhopal and approx 200 points in rural areas. This phase will also include development of complete ecosystem of IT applications, services and logistics. The expected time to make the first phase operational is 6 months from the date of signing the MoU.



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