HFCL introduces indigenous 5G fixed wireless access; stock surges over 5%

About the 5G FWA 

HFCL Limited a leading technology enterprise and integrated next-gen communications product and solution provider became the first Indian company to introduce its indigenously designed and developed 5G Fixed Wireless Access (FWA) Customer Premise Equipment (CPE) solution.

HFCL’s 5G FWA Products will be able to give optical-fiber-like connectivity on 5G wireless networks to the customers bridging the gap between broadband served and unserved areas by ensuring flawless wireless broadband connectivity. HFCL’s 5G FWA Products deliver not only high-speed and reliable broadband access but will also elevate device experiences, expanding accessibility, and providing faster speeds. This innovative FWA solution, catering to multi-bands (Sub 6 GHz, mmWave), multi-technology (5G Standalone and 5G non-standalone with LTE), indoor as well as outdoor eliminates the constraints of physical cable connection simultaneously serving as a crucial bridge between the 5G network and end-user devices offering enhanced connectivity. The products are already under trial with domestic and international customers.

Company profile 

HFCL Ltd (Himachal Futuristic Communications Limited) is a multifaceted telecom infrastructure enabler engaged in telecom infrastructure development, system integration, and the manufacturing and supply of high-end telecom equipment, Optical Fiber, and Optic Fiber Cable (OFC). Renowned as a leading technology company, HFCL specializes in crafting digital networks for telcos, enterprises, and governments.

The company’s commitment lies in offering sustainable high-tech solutions, leveraging cutting-edge R&D, global system integration services, and decades of expertise in fibre optics. HFCL deliver innovative digital network solutions tailored for the most advanced networks, ensuring it provides customers with the latest technology products.

Stock Performance

In the last trading session, the stock closed at Rs 77.27. Today, it opened at Rs 77.72 and currently trading at Rs 79.85, up by 3.34%. The company’s 52-week high stands at Rs 83.10 while its 52-week low stands at Rs 55.75. The company currently boasts a market capitalization of approximately Rs 11,400 crore.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.