5. Fibcom
Did well in the private sector, giving it a SDH customer base even unmatched
by ITI.
To
say this company owes its success to ITI, a majority stake holder, is basically
competition speak and true to only the extent that it enjoys the confidence of
the monolith telecom Indian major and a small amount for OEM activity. If
Tellabs-ITI JV, Fibcom India Ltd, has been able to capture up to 33 percent of
the entire SDH equipment sales in this country, it is due to its untiring tryst
with large telecom companies and its focus to have a state-of-the-art local
manufacturing setup that can provide both price and support advantages.
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Set up in 1994, Fibcom has come a long way to become the top transmission
equipment vendor in the country in terms of customer base and No. 5 in this
years’ ‘Networking Masters’ top networking principals’ list. In addition
to enjoying almost 85 percent market share of the BSNL market, it now has made a
mark in the private sector as well. In 2000-01, out of Rs 154.1 crore, Rs 12
crore came from the private sector; next year the company expects to get at
least a business of Rs 60-70 crore from the private sector.
Fibcom
has been able to sustain its business right under the noses of the global market
leaders. Its indigenous manufacturing factor puts Fibcom on the higher pedestal,
believe its executives. One, it provides a cost advantage due to lower duties on
components as opposed to finished products. And two, local manufacturing gives
it logistic advantages.
Fibcom is well entrenched to take advantage of the mushrooming optical
networks in the country. Already, it is ready with a DWDM offering, which is
undergoing field trials in BSNL’s network. However, it will face tough
competition from global DWDM majors like Alcatel, Lucent, Nortel etc. and new
ones like Cisco and Sycamore. Though already a market leader, the challenge this
year will be intense and really test its mettle.
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