BSNL Empanels Company for Captive Non-Public Network Services
A BSE-listed stock surged after the company announced it has been empanelled by Bharat Sanchar Nigam Limited (BSNL) to provide captive non-public network (CNPN) services. The empanelment allows the company to offer private network solutions to enterprises, leveraging BSNL's infrastructure.
Stock Performance and Details
The stock rose by 5% in early trade on June 29, 2026, following the announcement. The company, which specializes in telecom solutions, will now be able to deploy CNPN for industries such as manufacturing, logistics, and healthcare. According to the company's statement, the empanelment is valid for three years and covers pan-India operations.
Impact on Business
The contract is expected to open new revenue streams for the company. Captive non-public networks are private cellular networks used by enterprises for secure, high-bandwidth communication. With 5G adoption, demand for such networks is rising. The company's CEO said, "This partnership with BSNL positions us to capture a significant share of the growing private network market."
Market Reaction
Investors reacted positively, with trading volumes doubling compared to the previous session. Analysts note that the empanelment provides a competitive edge, as BSNL is a key player in India's telecom sector. The stock closed at ₹245, up 5.2% from the previous close.
