Business news news: ITI gets contract worth 7,796 crore for army communication network – iti gets rs 7796 crore contract for army’s communication network

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| Updated: 01 Oct 2020, 11:03:00 PM

New Delhi, an Aktbar (language) public sector ITI said on Thursday that it has signed a Rs 7,796 crore contract with the Ministry of Defense to establish a strategic and secure communications network for the military across the country. Telecom and defense equipment manufacturer ITI was declared the lowest bidder for the tender issued in 2017 for ‘Army Static Switched Communication Network’ (ASCON) Phase 4. ITI said in a statement, “To strengthen the communication network for the Indian Army, ITI Ltd. today (Thursday) has a fourth value of Rs 7,796 crore.

New Delhi, an Aktbar (language) public sector ITI said on Thursday that it has signed a Rs 7,796 crore contract with the Ministry of Defense to establish a strategic and secure communications network for the military across the country. Telecom and defense equipment manufacturer ITI was declared the lowest bidder for the tender issued in 2017 for ‘Army Static Switched Communication Network’ (ASCON) Phase 4. “To strengthen the communication network for the Indian Army, ITI Ltd today (Thursday) signed a contract for the fourth phase ASCON project worth Rs 7,796 crore,” ITI said in a statement. Under this, a strategic network will be established across the country for secure communication facility and it will be maintained for 10 years. “ASCON is the Army’s telecommunications network that spans the northern, north-eastern and western regions. The project is Internet Protocol-Multi Protocol Label Switching (IP-MPLS) based communication network with microwave radio, satellite and optical fiber network. “We have successfully implemented and maintained the first three phases of the ASCON project for the last three decades,” said ITI Chairman and Managing Director RM Aggarwal. We have full experience in this matter. At this time the implementation of the ASCO-4 project will definitely give a boost to the army. ITI is excited to implement this network.

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