Hughes Tele.com (formerly known as Hughes Ispat), basic telephone services provider in the states of Maharashtra and Goa, has reported a total turnover of Rs 67.01 crore the last fiscal. The net call revenue stood at Rs 63.81 crore.

Currently, Hughes Tele.com is building the country’s first broadband telephone network and plans to offer its business customers services initially in Mumbai and Pune by the second quarter of 2000. The network wilI be expanded throughout Maharashtra and Goa over the next three years and the project cost is expected to be around Rs 3,600 crore. The company has over 22,000 lines in service and plans to roll out over 2,20,000 lines over next two years. It expects to have over 50 lakh lines in the next 15 years. Hughes is set to offer broadband wired and wireless services including last mile optical fibre and is positioning itself as a single platform for all
communication needs.

The company is planning to be the first private telecom services company to go for IPO in the country. It will also to be one of the biggest infrastructure issues which will be worth Rs 891 crore.

The lions’ share of the company’s revenues came from PCOs with an average revenue per line of Rs 8,200 to Rs 9,900 per month. Hughes currently has 3,500 PCOs, for which it has a partnership with Zip Telecom. It also plans to establish itself as a major ISP in the country and to develop itself into an Application Service Provider (ASP) for business customers.