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SBI has placed an order worth Rs 253 crore with RailTel for 4G LTE connectivity to its ATMs

State Bank of India (SBI) has commissioned RailTel Corporation of India to provide 4G LTE connectivity to its 15,000 offsite ATMs located nationwide. The five-year contract, valued at Rs 253.35 crore, will see RailTel establish a Network Operations Centre, backhaul connectivity to SBI’s Data Centre and Disaster Recovery Centre, a monitoring dashboard, and a 24/7 helpdesk. The project was awarded through a competitive bidding process.

“The SBI order is a key milestone for RailTel to provide high speed and reliable last mile connectivity, which is aligned with our core competence and business portfolio. RailTel continues to play an important role in the digital transformation journey of its clients. We will continue to eye more such projects to enhance our revenue stream. We are committed to provide satisfying services to our clients.” said Sanjai Kumar, Chairman and Managing Director, RailTel.


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