Small-cap stock Blue Cloud Softech Solutions gained over 2% in intraday deals on Monday, December 22, following the announcement of successful completion and formal sign-off on a project with Bharat Sanchar Nigam Limited (BSNL).
Blue Cloud Softech share price hit the day’s high of ₹24.87, up 2.34%, over its last closing price after the company, said, that it is pleased to announce the successful completion and formal sign-off of the 5G Fixed Wireless Access (FWA) Proof of Concept (POC) project with Bharat Sanchar Nigam Limited (BSNL) at the MINDI Exchange in Visakhapatnam, Andhra Pradesh.
The company, in a filing today, said that in collaboration with Orange Business Services, Blue Cloud Softech has pioneered an enterprise-grade deployment of BSNL’s 5G FWA by implementing a first-of-its-kind Broadband Network Gateway (BNG)-based subscriber management framework.
“This innovative deployment positions BCSSL and Orange at the forefront of enterprise 5G FWA innovation in India, establishing a robust, standards-compliant foundation for BSNL’s next-generation broadband services and setting a benchmark for future nationwide deployments,” the company said in a filing today.
Source link