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Cyient Selected By Liberty Global To Support Gigaworld Broadband Rollout

Cyient, a global provider of engineering, manufacturing, data analytics, network and operations solutions, has been selected by Liberty Global, the world’s largest international cable TV and broadband company, to support its new GIGAWorld initiative to bring Gigabit broadband speeds to its operations in Europe. Announced last November, Liberty Global’s GIGAWorld initiative seeks to bring broadband speeds of one gigabit and more to tens of millions of households across Europe. Around 50 million homes in Europe have access to Liberty Global’s fiber-based “GIGAReady” networks today. Liberty Global expects that millions more will be connected over the coming years. With capabilities in delivering FTTP (fiber-to-the-premise) and HFC (hybrid-fiber coaxial) planning and design services, Cyient will support Liberty Global in its goal for faster provisioning of next-generation broadband services to existing and new customers. Mr. Krishna Bodanapu, Managing Director and CEO, Cyient, added, “We are very happy to be selected for this very important Liberty Global growth initiative. Cyient clearly understands the key requirements in delivering programs of this scale. With over 25 years of experience in network management and operation, we are well placed to provide data-driven designs for Liberty Global’s footprint expansion program.”

Mr. Colin Buechner, Managing Director, Access Network, Liberty Global, said, “Through our GIGAWorld initiative, we’re investing in the infrastructure of our age. By selecting Cyient we hope to enhance and expand our networks so they become not only faster but also more resilient and responsive to the evolving needs of our customers.”

Over the past five years, Cyient has developed proven capability in successfully delivering planning and design services for over 20 million homes passed globally and in varied environments. Shares of INFOTECH ENTERPRISES LTD. was last trading in BSE at Rs.467.95 as compared to the previous close of Rs.

465.2. The total number of shares traded during the day was 7892 in over 398 trades. The stock hit an intraday high of Rs.

477 and intraday low of 451.25.

The net turnover during the day was Rs.

3696201.