Top VSAT Players in Revenue Terms
Others include: Infotel Satcom,GNFC
15 jarat for its E-gram project. In addition to large statewide deployments, it has also installed services for large private and public sector banks for their branch connectivity and for carrying critical core banking applications.
In FY12 airtel focused to further build around available infrastructure by deploying technologies like Gilat Skyedge2.
Tatanet deployed 129 VSAT stations as part of the optimum seismological network for Indian National Center for Ocean Information Services (INCOIS). Tatanet’s revenue clocked 84 crore showing a growth of 9.1% in FY12. The company has bagged an order for 3,000 VSATs from Wipro to be deployed as part of the financial inclusion project managed by this nodal agency (NABARD).
Also, Tatanet installed connectivity for close to 4,000 ATMs managed by service providers like Prizm Payments, Tata Communications Banking Infrastructure (TCBIL), Euronet, FIS, and AGS.
Essel Shyam, even though with not much addition to the VSAT deployments, has bagged a few projects to its credit in FY12. It deployed a VSAT network for North Eastern Electric Power Corporation (NEEPCO) project and for deep water resources (ONGC). The company showed a degrowth of 20% last year.
Banking and finance have been the major growth drivers with applications—ATM and core banking—driving numbers. Key projects have been NABARD where system integrators namely, Wipro, CÃ-Edge undertook to roll out about 5,000 VSATs for rural branches of cooperative banks.
Last year PSU banks went slow on ATM deployment due to a decision of MoF to consolidate the ATM procurement across all PSU banks. These statespecific tenders are expected to provide a major fillip to the VSAT industry, with a significant portion of the 60,000+ numbers being deployed on VSAT in the current year (FY13).
Beyond the above, multi cast has been the major driver for VSAT sales. Thus, projects leveraging on this one feed beam to ‘unlimited’ locations at a flat annualized cost has enabled applications like digital cinema, distance learning to leverage VSAT networks.
On the manufacturing and distribution front, VSATs are increasingly being used as back-up medium for business continuity.
The oil & gas sector has been a major driver of bandwidth sales for VSAT service providers. Tatanet runs a Earth station based on i-Direct technology which is the leading platform for this sector.
The VSAT connectivity space has been dominated by institutional financial inclusion projects. Reaching out to the unserved and underserved at a reliable but an economical cost, leads to VSAT as the chosen mode of connectivity.
Deployments such as VPN & internet services in different flavors, varying from pooled bandwidth to bandwidth-on-demand, is gaining popularity. Availability of VAI (value added internet) with applications like media, videoconferencing, tele-education, medicine presents an interesting proposition for VSAT industry in the consumer/SOHO segments.
Accelerated VSAT as a product, which is something new in the market, was built to kill the slowness of applications on VSAT.
Going forward, bandwidth-on-demand and value added services of airtel will contribute and drive the demand for VSAT. Also, with the increasing thrust on internet penetration in India, we can look forward to similar trends in the future.
Innovation at its Peak
Many new innovations in VSAT industry were seen in the last year. These included the use of smaller antenna for easier VSAT terminal deployment, use