Friday, June 07, 2002
Hughes Software Systems (HSSL), specialists in convergent
network software and a leader in providing GPRS, UMTS as well
as VoP software to original equipment manufacturers (OEMs),
unveiled its Service Creation Environment (SCE) product at
Supercomm 2002 in Atlanta.
HSSL's SCE is a web-based, network-centric, easy-to-use GUI
programming environment to design, develop, test and maintain
services in a fast, easy and flexible manner. It allows for
the creation of customer-driven convergent services for PSTN,
Wireline (IP) and Wireless Networks.
The SCE product delivers sustained customer value by facilitating
rapid development and maintenance of revenue generating services
at reduced initial and operating costs, faster-time-to market
for delivery of new applications and quick turnaround for
customer-specific application and
customisation needs.
HSSL's SCE product also reduces the opportunity value for
time-to-market, with elapsed time savings of over 20%, and
improves the turnaround for customer-specific needs.
It can be adapted to create any application for standardised
interfaces, and it is not tied up to any specific underlying
platform or technology.
"The Service Creation Environment from HSSL enables
the rapid creation of applications, features and services
for OEM's, platform vendors and application developers,"
said Manoranjan Mohapatra, executive vice-president and chief
operating officer, HSSL
"The Service Creation Environment solution will help
in boosting profitability by deploying innovative revenue
generating services at a low cost," he added.
Earlier this month, HSSL announced that it has bagged a contract
from Thrane & Thrane, a leading supplier of Inmarsat terminals
& ground stations, for supplying Radio Network Controller
(RNC) side UMTS stacks & services to implement a Core
Network Gateway (CNG).
The solution will be used as a bridge between proprietary
satellite network technology and 3G services to the user.
For the end user, this entails the usage of satellite wireless
for broadband 3G applications and usage. This fixed price
contract entails the supply of core 3G stacks and development
services for interfacing in a mobile network.
HSSL also announced the release of its upgraded SIGTRAN suite
of protocol stacks consisting of the SCTP software product.
The SCTP stack is part of the complete range of SIGTRAN Suite
protocols like M2UA, M2PA, M3UA, IUA and SUA. The products
are available from HSSL in the source code and binary form.
Last month, HSSL announced a tie-up with solutions provider
Motorola to provide mediation and service activation solution
for Bharat Sanchar Nigam's (BSNL) cellular technology GSM
network. This is the first time that HSSL has partnered with
a leading vendor such as Motorola in India for
implementing its ready-to-deploy billing mediation solution.
HSSL is a subsidiary of Hughes Network Systems (HNS), a unit
of Hughes Electronics Corporation (HEC). HNS is a networking
company, dedicated to providing products and services to build
and operate digital communication networks worldwide. HNS
is the world leader in VSAT-based networks. HEC is a world
leader in the design, manufacture and marketing of advanced
electronic systems. It was a wholly-owned subsidiary of General
Motors Corporation, USA.
HNS India Inc is the principal shareholder in HSSL. The promoter
holding in HSSL is 55.72%.
However, on 29 October 2001, General Motors entered into
an agreement to sell HEC to EchoStar Communications Corp for
$25.8 billion in cash and shares. General Motors and HEC together
with EchoStar Communications signed definitive agreements
that provide for the spin-off of HEC from GM and the merger
of HEC with EchoStar.
This merged company would use the EchoStar name and adopt
the DIRECTV brand for its services and related products.
HSSL has posted a net profit of Rs 12.7 crore for the quarter
ended 31 March 2002 as compared to Rs 22.1 crore in the corresponding
period previous fiscal. Total income decreased from Rs 64.5
crore in the quarter ended 31 March 2001 to Rs 61.2 crore
in the quarter ended 31 March 2002.
The company has posted a net profit of Rs 52.2 crore for
the year ended 31 March 2002 as compared to Rs 62.9 crore
for the previous year ending 31 March 2001. Total income increased
from Rs 209.5 crore in the financial year ended 31 March 2001
to Rs 248.1 crore in the year ended 31 March 2002.
The HSSL scrip closed 3.82% lower at Rs 225.25 on the BSE
today, with a volume of 38,709 shares.
Last updated : February 2, 2004
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