HFCL Limited , a prominent player in the telecommunications sector, has announced an extension to the timeline for selling its entire stake in Nivetti Systems Private Limited. This development comes as part of the company's ongoing strategic initiatives.

Key Details of the Extension

Transaction Overview

HFCL Limited has revised the completion date for the sale of its entire shareholding in Nivetti Systems Private Limited. The company disclosed this information through a regulatory filing to the stock exchanges, in compliance with the Securities and Exchange Board of India (SEBI) Listing Regulations.

Unchanged Terms

Apart from the extended timeline, all other terms and conditions of the original agreement remain unchanged. These terms were initially disclosed to the public in September 2025 when the Share Purchase Agreement was first executed.

Regulatory Compliance

The company has adhered to the SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, in making this disclosure. This demonstrates HFCL's commitment to maintaining transparency with its stakeholders and complying with regulatory requirements.

Concluding Remarks

As HFCL moves forward with this transaction, investors and market watchers will likely keep a close eye on the developments leading up to the new completion date. The extension provides additional time for both parties to finalize the deal, potentially ensuring a smoother transition of ownership for the Nivetti Systems stake.

Rakuten Symphony, a global leader in cloud-native, Open RAN infrastructure and services, has announced plans to collaborate with Bharat Sanchar Nigam Limited (BSNL) for 5G testing in India. This strategic move not only aims to advance 5G technology in the country but also opens doors for Indian telecom equipment manufacturers to expand their reach into the Japanese market.

Partnership with BSNL

Rakuten Symphony's decision to conduct 5G testing with BSNL, India's state-owned telecommunications company, marks a significant step in the development of 5G infrastructure in India. This collaboration could potentially accelerate the deployment of 5G technology across the country, benefiting both urban and rural areas.

Indian Telecom Equipment in Japan

In a notable development for India's telecom manufacturing sector, Rakuten Symphony's CEO has expressed intentions to utilize Indian-made telecom equipment in Japan. This move could significantly boost India's position in the global telecom equipment market.

Key Indian Players

Two Indian companies have been specifically mentioned in the context of this potential equipment usage:

This interest from Rakuten Symphony could provide these companies with an opportunity to expand their global footprint and showcase Indian technological capabilities on an international stage.

Implications

1. Boost to Make in India: This initiative aligns well with India's 'Make in India' campaign, potentially increasing the country's telecom equipment exports.

2. Technology Transfer: The collaboration might lead to knowledge and technology transfer, benefiting India's telecom sector.

3. Global Market Access: Indian telecom equipment manufacturers could gain access to the sophisticated Japanese market, opening doors for further international expansion.

4. 5G Advancement: The partnership with BSNL for 5G testing could accelerate India's 5G rollout plans.

This development represents a win-win situation for both countries, fostering technological cooperation and economic ties between India and Japan in the crucial telecom sector. As these plans materialize, they could significantly impact the telecom landscape in both countries and potentially influence global 5G deployment strategies.