RailTel ties up with tech firm to monetise Wi-Fi project covering over 6,100 stations

RailTel, a PSU underneath the Ministry of Railways, has tied up with a expertise agency in a bid to monetise its Wi-Fi challenge at greater than 6,100 railway stations throughout the nation, the corporate mentioned on Tuesday. The rail PSU has signed a five-year contract with a consortium led by 3i Infotech Ltd, a worldwide info expertise firm primarily based at Mumbai, RailTel mentioned in an announcement.

The different members of the consortium are Forensics Intelligence Surveillance and Security Technologies Private Limited (FISST) and Yellow Inc.

Under the contract, the income might be generated by monetizing Wi-Fi footfalls in one of many world’s largest built-in public Wi-Fi networks by focused commercials and increasing multimedia infotainment companies for rail passengers.

This is India’s first multi-year industrial settlement to monetize captive clients of public Wi-Fi community by collaborative efforts, the assertion mentioned.

As per the contract, 3i Infotech-led consortium pays Rs 14 crore per yr or 40% of income earned (whichever is larger) to RailTel.

The income might be largely led by promoting and supported by content material/services-based income and the consolidated income potential from the challenge is anticipated to be upwards of Rs 250 crore over five-year interval, as per 3i Infotech’s estimate.

RailTel’s public Wi-Fi community is now accessible at 6,108 railway stations throughout India and data greater than 1.1 million distinctive customers per day. With this collaborative deal, station Wi-Fi is ready to evolve digital expertise to customers, the assertion mentioned.

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