PUNWIRE
Article Abstract:
Punjab Wireless Systems Limited (Punwire) of Chandigarh has announced its unaudited financial results for the year ended March 31, 1998.(uh) ------------------------------------------------------------ Unaudited financial results of Punjab Wireless Systems Limited ------------------------------------------------------------ Particulars Year ended March 31 (Rs in lakh) 1998 1997* ------------------------------------------------------------ Sales 17,472.00 15,033.27 ------------------------------------------------------------ Other income 108.50 146.90 ------------------------------------------------------------ Expenditure 12,466.85 11,226.23 ------------------------------------------------------------ Interest 2,909.05 1,675.79 ------------------------------------------------------------ Gross profit 2,204.60 2,278.15 ------------------------------------------------------------ Depreciation 802.40 732.06 ------------------------------------------------------------ Tax 300.00 300.00 ------------------------------------------------------------ Net profit 1,102.20 1,246.00 ------------------------------------------------------------ Equity 1,171.20 1,171.22 ------------------------------------------------------------ Reserves - 17,538.10 ------------------------------------------------------------ * Audited ------------------------------------------------------------
Comment:
Posts net profit of Rs1,102.20 lakh in 1998 vs Rs1,246.00 lakh in 1997
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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IIT CHENNAI DESIGNS WIRELESS NET ACCESS SYSTEM
Article Abstract:
The Indian Institute of Technology (IIT) of Chennai has designed a wireless system that provides fast access to the Internet. The low-cost system is based on its own wireless in local loop (WLL) technology. It uses radio frequency waves instead of cables to send and receive signals. It thus leaves the lines free to make and receive telephone calls. The WLL technology is cheaper than wired lines and provides Internet access at 35 kilobytes per second (Kbps). It can be upgraded to provide access at 70 kbps. It solves the problem of telecom network congestion. (uh) (kvr)
Comment:
The Indian Institute of Technology (IIT) of Chennai has designed a wireless system that provides fast access to the Internet.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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PUNWIRE PLANS TO ENTER V-SAT ARENA
Article Abstract:
Punjab Wireless Systems Ltd (Punwire) which is involved in paging and radio trunking business plans to enter the very small aperture terminals (V-Sat) business. It has tied-up with Gilat of Israel to offer the latest V-Sat terminals. It plans to focus on distance education, corporates and also plans to offer services to Internet service providers. Its terminals will offer GSM quality voice, Internet delivery and data at a lower cost. It has a bandwidth of 9 Mhz on Insat satellites for V-Sat services. (gs)(vr)
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1999
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