Monday, May 20, 2002
Hughes Software Systems (HSSL) on Sunday 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.
Meanwhile, Motorola said that BSNL, as part
of the network contract awarded to the company, required it
to set up an end-to-end network which included billing solutions
as well. Motorola chose to partner with HSSL for its mediation
and service activation domain expertise.
The HSSL mediation solution comprises the billing
mediation system, which collects processes and dispatches
data records, and the service provisioning platform which
performs near real time service provisioning on integrated
networks.
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.
Earlier this month, Hughes Software Systems,
specialists in convergent network software and a leader in
providing GPRs, UMTS as well as VoIP software to OEMs, announced
the availability of components that would enables original
equipment manufacturers (OEMs) build and deploy AII IP
wireless networks faster.
The company has launched a full suite of Third
Generation Partnership Project (3GPP) Release 4 compliant
GPRS Gb and GTP (GPRS Tunneling Protocol) stack source code
solutions. This would enable OEM customers to migrate to the
next generation networks, and enable quicker time to market.
Using these solutions, OEMs can now migrate
their customer networks to operate with the low cost IP transport
infrastructure thereby saving deployment costs, reducing inter-operability
challenges and ensuring applicability in GPRs as well as UMTS
networks
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 combined company would use the EchoStar
name and adopt the DIRECTV brand for its services and related
products. The merger would create the US' second-largest pay
television platform, with more than 16.7 million subscribers.
The company had 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 3.28% lower at Rs 244.65
on the BSE today, with a volume of 74,293 shares.
Last updated : February 2, 2004
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