Nelco invests in router maker to improve Indian satcoms network

Nelco, an Indian satellite communications provider, has invested around $122 million in Piscis Networks, a network equipment start-up based in …
Nelco invests in router maker to improve Indian satcoms network

Nelco, an Indian satellite communications provider, has invested around $122 million in Piscis Networks, a network equipment start-up based in Mumbai, to bolster its services amid a growing competitive threat from international players. Nelco said in a stock exchange filing that it had bought an initial stake of just over 9% in Piscis Networks. Under the deal, Nelco can increase its stake to 30%. 

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Picture of Louise Weightman
Louise Weightman
Editor
Continue Reading
Business Club - Thank You
Join BusinessClub
SWGL FanShop

Don't Miss Any Updates

NEWSLETTER

Subscribe now to receive the best of space insights directly in your inbox! Free of charge, finished in just 20 seconds!
* Required
Email
Contact
Newsletter
Please select the newsletter of your choice *

Yes, I would like to receive the selected newsletters for free.

You can unsubscribe anytime via the link in our emails or by contacting us. We respect your information. For details, check our Privacy Policy.
By clicking below, you agree to our terms, in particular the transfer of data to Mailchimp.
.