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Telecom Vendor raises 350 crore for 5G

Mumbai based Telecom vendor PertSol recently bagged a contract worth Rs 30 crore from state-run BSNL to deploy Location Based System (LBS) for the telco’s pan-India 2G/3G/4G network. The deployment of LBS was mandated by the telecom department in 2014 under the Unified Access Service License (UASL) rules

Telecom Vendor raises 350 crore for 5G

NEW DELHI:  PertSol (Pert Telecom Solutions) is looking to raise Rs 250-350 crore at the valuation of Rs 1,000 crore from private equity firms to expand its international operations and to build a 5G portfolio to tap the domestic opportunity, sources said.

“PertSol is in discussions with certain organizations and PE to raise funds for their expansion plans,” a source familiar with the matter told ET. “The company is planning offices in the US, the UK and Singapore.”

The person added that the company intends to also use the money to expand its 5G solutions portfolio which will help to to tap tier 1 and tier 2 telecom operators in India and other global markets.

The company has also bagged a deal from British Telecom (BT) to deploy IPLC Lawful Interception for their Indian ILD network. A company spokesperson confirmed the deal and said that PerSol also won projects from international organisations such as Ring Central for OTT Interception. He, however, didn’t offer any comments on fundraising plans.

“…this year, we have successfully delivered a project in Uganda and are rapidly expanding in other geographies,” the spokesperson added.

Mumbai based Telecom Vendor PertSol recently bagged a contract worth Rs 30 crore from state-run BSNL to deploy Location Based System (LBS) for the telco’s pan-India 2G/3G/4G network. The deployment of LBS was mandated by the telecom department in 2014 under the Unified Access Service License (UASL) rules.

PertSol is currently working with HFCL, L&T and Tech Mahindra as a vendor partner for 4G core to BSNL’s 4G trials for domestic solutions.

Incorporated in 2014, PertSol claims that it has 100% in-house telecom solutions to provide packet core for 3G and 4G LTE data services. It also claims to offer IMS (VoLTE) and the entire packet core stac

ET Telecom: The curious case of indigenous 4G core network

PertSol’s Indigenous 4G core network solution attaining spotlight in the news for BSNL’s 4G network deployment EOI.
 

Pert Telecom Solutions (PertSol) is recently in news for in-house Indigenous ‘Make in India’ 4G core network offering for BSNL’s 4G network deployment project. With the growing anxiety around the EOI document for 4G RAN and packet core deployment by BSNL, PertSol is emerging out as an eminent home-bred telecom company with promising 4G core solution in India.

With HQ in Mumbai incorporated in 2014, PertSol is a prominent OEM with innovative future ready solutions for Telecom Operators, Regulatory Bodies, and Government & Law enforcement agencies. PertSol’s Indigenous 4G core solution ‘Intelligent Mobile Data Exchange Gateway’ (iMDEG) & ‘Home Subscriber Services’ (iHSS) are gaining huge limelight amongst prospect bidders for BSNL’s 4G project.

PertSol’s iMDEG is a mobile packet data gateway which provides various packet core functions in one solution for mobile data services (3G/4G/5G) and PertSol’s iHSS is a unified subscriber information management system which includes functions like HSS, HLR, AuC, and SLF for GSM, UMTS, LTE, IMS, Wi-fi, and IoT networks.

As the Central Government undertakes PM Modi’s ‘Make in India’ and ‘Aatma Nirbhar Bharat’ initiative thoughtfully, PertSol’s product line tends to dissolve the dependency on foreign companies who are chasing to hold their flags in the Indian Telecom Market.

(Source: https://telecom.economictimes.indiatimes.com/news/bsnl-tender-the-curious-case-of-indigenous-4g-core-and-mavenir/80296297)

Speaking to ET, Gurjot S Sandhu, Director & Chief Business Officer of Pert Telecom Solutions, confirmed their participation in BSNL’s 4G tender. “We are currently in talks with MSIs for the BSNL’s 4G tender.”

Sandhu said that, PertSol is the major third-party solution provider to BSNL under phase VIII.4. “Around 80-85% of the business came to us through Nokia and ZTE. We deployed our security, compliance, remote access, IP log and fraud management, and location-based services for BSNL’s PAN India network.”

Being a surging name in the Telecom industry, PertSol’s offerings are foreseen as India’s Nextgen telecom solutions. ‘Our efforts will continue to lead the Telecom Industry with the latest technologies and fulfill the dream of our Hon’ble Prime Minister of making India Aatma Nirbhar Bharat soon’, Mr. Gurjot Sandhu added.