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Follow UsOnce again, Global Telesystems Ltd (GTL) sustained its growth momentum. The company’s turnover rose to Rs 539.50
crore,
a 13 percent jump compared to the previous year’s figure of Rs 477.22
crore. The
growth rate slipped from the previous year’s 23 percent. But its profitability
increased, with the net profit surging 56 percent from Rs 40.17 crore in 1997-98 to Rs
63.22 crore in 1998-99.
Tirodkar
Year Of Start-up: 1987
Area Of Operation: Telecom equipment, software development, SI,
networking
Address: 412, Janmabhoomi Chambers, 29, Walchand Hirachand Marg, Mumbai
– 400 039
Tel.: 022-2613010
Fax: 022-2619649
Its telecom engineering services accounted
for a significant 46.19 percent of the total revenue while 36 percent came from software
and Internet services. Marketing of consumer telecom equipment contributed 12.81 percent.
Rest of the income was earned by way of exports mainly to the US and other Asian
countries.
With a track record of 12 years in the
telecom sector, GTL has been able to develop itself as one of the premier systems
integrators offering various telecom and e-commerce solutions to its customers. GTL enjoys
the advantage of an all-India distribution network comprising 26 branches, 500 dealers and
about 1,000 retailer outlets. The client base stands at over 200,000 customers.
The engineering services-telecom networks
group specializes in designing, deploying and maintaining of large integrated voice and
data networks. Its key strengths include networking, software expertise and alliances with
world leaders like Nortel, Bay Networks, Atlas Telecom, General Electric, and Hughes
Networks. This division has bagged
some major orders in the last year including the network of Government of Maharashtra and
the DoT. Global Net, one of India’s largest networks capable of offering frame-relay
and e-commerce services, has been another major project executed by the group.
Last year, telecom infrastructure group had
its focus on government and utilities sectors. The company is doing a full range of
services for the Railways and carried out outside plant works for IRCON International. It
offers complete spectrum of turnkey services like testing and commissioning of the TDMA
WILL, BTS/BSC equipment, site survey, site engineering as well as supply and installation
of infrastructure items. The other major orders came from Srinivas Cellcom, IOC,
Fascell,
and Hughes Network.
GTL’s software and Internet-related
services have witnessed an exponential growth in the last fiscal. This division has
positioned itself in the niche areas of e-commerce by initiating system integration and
developing industry vertical solutions in the areas of payment gateways, strategic
sourcing, intranet and extranet solutions.
However, there was a decline in the revenue
from the company’s consumer telecom division owing to the shift in focus away from
products business, where value addition and margins are low, to services business.
Global has singled out e-commerce as an
area of focus and plans to emphasize on networking, software and newer markets in Europe,
the US, Middle East and Far East.
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