Bharat Electronics bags order from Zee Gr

MUMBAI: Bharat Electronics Ltd on Tuesday said that it has bagged an order from Wire and Wireless India Ltd of Zee Group for supply of two lakh set top boxes.

The supplies are expected to start in December matching with the Conditional Access System (CAS) roll out scheduled for January 2007, the company informed the Bombay Stock Exchange.

The company, however, did not disclose any financial details of the offer.

The boxes would be supplied with embedded conditional access software that enables the subscriber to select and choose the pay channels that he wants to view from the bouquet offered by WWIL, it added.

The metros would have CAS introduction in phases starting from January next year and service providers are getting ready to deploy the STBs in large volume.

The company is a market leader in defence electronics and has strong presence in the fields of military communications, radars, sonars, electronic warfare, telecommunication, switching and strategic components with about 350 products in its portfolio.

Shares of the company were trading at Rs 1138, up 2.51 per cent on the BSE.