Mobile Telecommunications Ltd. (buy)

Mobile Telecommunications Limited,

a ISO 9001-2000 company, engaged in designs development and manufacturing of wide range of products, including telecom access products, Railway Signaling,MCCBs, and allied products in energy management arena, has inked an agreement with Logic eastern India Pvt. Ltd. for the manufacture of set-top boxes.
Logic eastern India Pvt. will transfer technology and know-how to MTL for the manufacture of these boxes. It will also customize the middleware applications software and offer a range of development services in the application domain.
Logic Eastern researches, designs, manufactures and provides integration services to services providers so as to enable them to introduce next-generation services in their networks. It manufactures high quality Set Top Boxes ( both DVB-C and IPTV ) , Switches and routers. LE's end to end Triple Play IPTV solution is designed for truly converged next generation networks that enable telecom carriers and cable operators to greatly enhance revenue and reduce customer churn.
“This partnership will allow us to address the requirements of the Rs 1000-crore markets for set-top boxes and middleware for interactive TV in India. We plan to scale up production from 15,000 set-top boxes in the first month to a 50,000 in four months,” said A B Vedmehta, Managing Director Mobile Telecommunications Limited. “We hope to garner at least a 20 percent market share.”
Mtl is also planning to install Digital Head-Ends in 55 cities and plans to obtain Mso licenses for B class cities and has already got an approval for its IP TV set top boxes from a leading IP TV service provider.
The set-top box from the company has been extended from purely enabling entertainment, to offering electronic communication and commerce, thereby enhancing its utility in households. Product support through proper after-sales service, vital for the successful implementation of CAS, will be provided. The Company will also provide services in various system engineering aspects such as WAN and LAN system architecture, design and support, system integration, broadcast network integration, broadcast

MTL is an established player in the field of information technology. At present, it is engaged in development and marketing of software packages and manufacturing EPBT (electronic push button telephones)

New Project and Business Development

Over the years Mobile Telecommunications Limited has got the process and planning in place by getting in to EMS activity. So the jurney was not rewarding but the break through to it has attained by implementing SMT line operation in the city of Nashik and working with the MNCs like Siemens, Schnider. ABB etc.. the Company was able to set certain standards in terms of quality and process.
Now the Company has started participating in tenders for various utility Companies directly i.e. it has got into APFC (Automatic Power Factor Controller) panels with the joint venture with Herodex Power Systems Pvt. Ltd.. and the Company has forayed into the energy- saving devices market. Company has plans to enter into the areas of Public Light and Energy Saving products, it aims to the number one ESCO (Energy Saving Company) of India.


BPO Industry

Quantum eServices Pvt. Ltd.. is a wholly owned subsidiary of Mobile Telecommunications Limited, and it has a beautiful 550 seater facility in Mindspace, Malad (W). Mumbai.
MTL is planning to enter into BPO space in a big way and the contract with one of the worlds big airline for its outsourcing requirement are underway.
The company expect to achieve a turnover of INR 60 Crores by BPO operations in next one year and it has plans to put up a campus on A.B. Road 30 kms away from Thane. Company intend to reach a capacity of 2000 seats over the next two years.

latest developments

1. The Company has approved the acquisition of 50% stake in M/s Cynosure Enterprises Ltd (CEL), an e-Bike manufacturing company Based at Hyderabad. Cynosure Enterprises which started its operations for the first time in India in September 2006 and presently having two Plants in Hyderabad and Jaipur. By this acquisitions M/s Cynosure Enterprises Ltd will become a subsidiary of the Company.
2. The Company had approved to commence the assembly of e-Bikes at its Nashik plant and also take-up the assembling at other locations in India.
3. M/s Cynosure Enterprises Ltd has launched Docile plus model across the country and its product is well accepted in the market. CEL has Plans to Set up assembling of e-bikes across nine locations in India.
4. Mr. Anil Vedmehta, CMD of the Company has been authorized to sign and execute all the necessary documents, agreements, undertakings etc. pertaining to the acquisition of the stake.

concept stock buy small quantity's