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The company has been a leading supplier to heavy weights in the oil, Gas and power industry for the last 30 yrs, catering to both domestic and international players. For the last couple of years the company has been running into losses due to high finance costs. Hence the company started being selective about their customers and had cut back on their orders. But the customers are highly satisfied with the quality of the company and are ready to increase their orders at any point in time.
At present the company is in talks with the banks regarding restructuring of loans, and after this restructuring it is most probable that the loan amount will be reduced from 45 to 15 Cr. Hence the company plans to invest in upgraded technology so that it could minimize material consumption cost and also take up more orders in the future. All business for sale and other business opportunities are not an offering or purchase recommendation by buysellbusinesses.
We rely on the accuracy of the content submitted to us by business owners and intermediaries representing business owners. A business buyer must seek the advice of a Business Broker or Business Professional such as a lawyer, financial consultant and accountant before closing the deal. Please review our Disclaimer for more details. So for all of them 4G is a value addition to their existing telco networks and telco infra. They already have had the fibers, last mile connectivity and towers laid out.
They only needed to upgrade their existing infra to support 4G eNodeBs and core network. On the other hand Reliance Jio, is a greenfield player. Of course, this means that unless they launch PAN INDIA, initially they might have to rely on some kind of agreement with other operator to provide roaming in the radio pockets.
And on top of that this network type has set high data speeds requirement to be called as 4G. So you can just imagine how much bandwidth is actually needed to sustain a 4G network at full pace.
Now incumbent players already have their fibers in place, true, but those fibers were laid out with keeping the 3G data requirements in mind which is like 10 - 20x slower than that of 4G data requirement. This is where Reliance Jio has the major advantage, since its starting telecom technology is 4G, it exactly knows how much bandwidth it should aim for its fiber backbone in order to support at least 1—2 future telecom network generations.
That has lead to deployment of fibers with massive bandwidth I am talking about 10 - 20x massive. Incumbent operators use cables with 12—24 fibers where as Jio is using cables with fibers 96 fibers at few places with low requirement.
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