RailTel bags Rs 253.35 crore project from SBI to provide 4G LTE connectivity to 15000 offsite ATMs

Central PSU RailTel Corporation of India has received a work order from the State Bank of India (SBI) for providing 4G LTE connectivity to 15,000 offsite ATMs spread across India, a statement issued in New Delhi on Thursday said. The project also entails the operations and maintenance of the entire network for a period of 5 years. The estimated total value of the project awarded to RailTel is Rs 253.35 crore (excluding taxes), it said.

As per the official statement of the company, RailTel has been selected through competitive bidding and this SBI project is one of the largest projects providing last-mile connectivity on 4G LTE technology in India.