PTI | , Posted by way of Yagya Sharma
RailTel, a PSU beneath the Ministry of Railways, has tied up with a era company in a bid to monetise its Wi-Fi challenge at greater than 6,100 railway stations around the nation, the corporate mentioned on Tuesday.
The rail PSU has signed a five-year contract with a consortium led by way of 3i Infotech Ltd, an international data era corporate founded at Mumbai, RailTel mentioned in a commentary.
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The different contributors of the consortium are Forensics Intelligence Surveillance and Security Technologies Private Limited (FISST) and Yellow Inc.
Under the contract, the income will probably be generated by way of monetizing Wi-Fi footfalls in one of the most international’s greatest built-in public Wi-Fi networks via focused commercials and increasing multimedia infotainment amenities for rail passengers.
This is India’s first multi-year business settlement to monetize captive consumers of public Wi-Fi networks via collaborative efforts, the commentary mentioned.
As according to the contract, 3i Infotech-led consortium can pay 14 crore according to 12 months or 40% of income earned (whichever is upper) to RailTel.
The income will probably be in large part led by way of promoting and supported by way of content material/services-based income and the consolidated income attainable from the challenge is predicted to be upwards of 250 crore over a five-year length, as according to 3i Infotech’s estimate.
RailTel’s public Wi-Fi community is now to be had at 6,108 railway stations throughout India and data greater than 1.1 million distinctive customers according to day. With this collaborative deal, Station Wi-Fi is ready to conform virtual revel in to customers, the commentary mentioned.