Supernet gets Rs100m projects by strategic organization

News Image

By MG News | November 22, 2021 at 01:46 PM GMT+05:00

0:00

November 22, 2021 (MLN): Supernet Limited (“Supernet”) has been awarded three equipment supply projects consisting of equipment and services in the domains of satellite communications, telecommunications, and power with a combined equivalent value of Rs100 million, a press release issued by the company said.

The projects have been awarded by a strategic organization thereby expanding the customer base of its telecommunications and defense business unit.

"The equipment and associated support and warranty services shall support the customer’s large communications network in the country. Supernet has already successfully delivered one project in totality. The second project is on track to be completed by end of November 2021 with the third one expected to reach completion in the 1st quarter of 2022," it noted.

Though it is an established fact now that there are lengthy delays due to the global shortage of semiconductor chips as well as disruptions in international shipping and logistics, Supernet through the strength of its partnerships in the supply chain and prudent project planning, has effectively addressed these delays to the satisfaction of the customer. 

Ali Akhtar, Head of BU, Telecoms, and Defense at Supernet said, “We are thrilled to have been awarded these projects with each one being awarded through a competitive bidding process resulting in our solutions being picked as the best techno-commercial ones.”

“We have successfully been able to onboard a new client, widening our customer base, and we’ve done it by winning significant business right off the bat. We are as always, grateful to our customers for their trust and confidence in us as well the cooperation of our partners in our supply chain,” he added.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 131,949.07
198.95M
0.97%
1262.41
ALLSHR 82,069.26
730.83M
0.94%
764.01
KSE30 40,387.76
80.88M
1.11%
442.31
KMI30 191,376.82
77.76M
0.36%
678.77
KMIALLSHR 55,193.97
350.11M
0.22%
119.82
BKTi 35,828.25
28.42M
3.64%
1259.85
OGTi 28,446.34
6.84M
-1.02%
-293.01
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,465.00 110,525.00
107,865.00
-950.00
-0.86%
BRENT CRUDE 67.46 67.96
67.22
-0.84
-1.23%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
0.75
0.78%
ROTTERDAM COAL MONTHLY 106.00 106.00
105.85
-2.20
-2.03%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.66 67.18
65.40
-1.34
-2.00%
SUGAR #11 WORLD 16.37 16.40
15.44
0.79
5.07%

Chart of the Day


Latest News
July 05, 2025 at 11:58 PM GMT+05:00

Weekly Market Roundup


July 05, 2025 at 02:57 PM GMT+05:00

National Savings Schemes see over Rs27bn inflow in May


July 04, 2025 at 10:16 PM GMT+05:00

CAT upholds CCP’s ruling against PREMA Milk


July 04, 2025 at 10:07 PM GMT+05:00

Gold price in Pakistan falls Rs1,500 per tola


July 04, 2025 at 08:01 PM GMT+05:00

TRG in Supreme Court



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg