- First of its kind deployment in India to save operators 50 to 60% costs l
Microqual Techno Ltd., (Microqual) a pioneer and market leader, in manufacturing and provider of complete end-to-end turnkey solution services for the global telecom industry, announced an another milestone in its continuing growth journey by declaring its entry in to Tower leasing with the award today of the contract for using Power Transmission Towers to co-locate equipment of various Wireless Technologies by Power Grid Corporation of India (PGCIL). Microqual has partnered with Buckley Cable Construction Co. Inc., a USA based company which has the expertise of deploying over thousands of solutions for various Power Utility companies in USA.
Speaking on the occasion, Mr Mahesh Choudhary, CEO, Microqual Techno Ltd. said, “We at Microqual are proud and deeply honored to be selected by Power Grid to implement our telecom infrastructure co-location technology for the first time in India after a rigorous and robust process of due-diligence spanning over months. After a careful survey we have decided to utilize about 10% of the total Power Grid towers in Jammu & Kashmir, Punjab and Himachal Pradesh for this deployment. We are fully committed to fulfill the faith reposed by Power Grid in us.”
Elaborating this path breaking technology, Mr Choudhary explained, “With this we have taken our first step in the Tower Leasing Space with a truly differentiated product. As a company, we have always been committed to help our customers reduce costs. We believe the most efficient way in terms of both costs and time to achieve this is to use existing infrastructure for alternate applications. We believe we have a win-win model for all the stakeholders, this would be beneficial for Power Grid, for the Wireless Operators and also in the greater interests for increasing rural telephony penetration.”
He added, “Going forward we would like to roll out this solution on both Pan India and on a global scale. We have already bid for a similar tender by Himachal State Electricity Board. We expect other state transmission companies to come out with similar tenders soon and are also in advanced discussions to rollout in other Emerging Markets as well. In addition, we have also configured similar innovative solutions of using existing infrastructure like Outdoor Billboards and would be launching the solution in the next six months. We are also working on some very innovative power solutions which will make these sites Green and completely reliable.”
Mr. George Ungerer, Chief Operating Officer of Buckley Cable Construction Co. Inc., added that, “United States has over 30,000 such deployments and have become a favored choice of the utilities too, as this creates an additional revenue source.”
Mr. Bhagwan D Khurana, Ex-Group President & CEO of Reliance Infocomm Ltd. and former Vice Chairman, Reliance Telecom Ltd., who is now on the Board of Microqual added that, “I appreciate and welcome this innovative initiative taken by Power Grid. I believe that this Microqual solution will see a paradigm shift in the Tower Leasing Space in India as it changes the definition of Infrastructure Sharing and encourage the operators to not only share tower assets but also alternate assets like power towers and billboards amongst others. This augurs well for Wireless Broadband Access services for our Bharat, the rural masses. ”
About Microqual:
Microqual Techno Private Limited, established in 1999, is a leading RF Manufacturing and Turnkey Services company that delivers turnkey telecommunication infrastructure to all leading wireless operators Globally. Microqual has the vision of being a reliable partner for the Wireless Operators Globally to build & maintain entire networks having control over the key components by setting up manufacturing capabilities. Microqual has received two rounds of Private Equity funding and also has operations in Bangladesh, Nepal and Africa.