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  Forbes Technosys Announces a Major agreement with BSNL, India's Largest Telecom Company
MUMBAI - Forbes Technosys Limited, a leading player in the banking and utility automation industries in India, today announced an agreement with BSNL, India's No. 1 Telecommunications Company.
 
     
  The agreement includes deployment of Bill Payment Kiosks in various BSNL Telecom Districts/Circles across India for collection of BSNL landline, cellular and other bills at BSNL locations in 16 States as well as at various other Offsite locations viz. Residential colonies, Shopping Areas/Malls across the Country.  
     
  "As a pioneer in business automation products and a leading player in providing Kiosks and Managed Assets Solutions to Banks and Utility Majors in India, we are pleased to have been preferred by India's Largest Telecommunications Company to provide the best of Service to BSNL Customers across the Country" said Ashok Bharat, CEO, Forbes & Chairman, Forbes Technosys Limited.  
     
  "This agreement with BSNL is a step forward towards our strategic objective to be the leading Kiosks Based Solutions provider in the Country. Managed Assets is an exciting growth area in India and we at FTL look at leveraging our strength as a leading Solution Provider to Banks and Utility Companies in India to provide all Utility consumers, be it Telecom, Power, Water etc. with as many Single-Points to converge payments of their Bills, Check Deposit etc." said Sandeep Bhatia, Head-Solutions Marketing, Forbes Technosys Ltd.  
     
  About BSNL  
     
  BSNL is numero uno operator of telecom services in India. The company offers wide range of the most transparent tariff schemes designed to suit every customer. BSNL cellular service, CellOne, has more than 17.8 million subscribers, garnering 24 percent of all mobile users. That means that almost every fourth mobile user in the country has a BSNL connection. In basic services, BSNL is miles ahead of its rivals, with 35.1 million Basic Phone subscribers i.e. 85 per cent share of the subscriber base and 92 percent share in revenue terms.  
     
  BSNL has more than 2.5 million WLL subscribers and 2.5 million Internet Customers who access Internet through various modes viz. Dial-up, Leased Line, DIAS, Account Less Internet(CLI). BSNL has been adjudged as the NUMBER ONE ISP in the country.  
     
  About Forbes Technosys Limited (FTL)  
     
  Forbes Technosys Limited (FTL), a subsidiary of Forbes & Company., is a leading player in the banking and utility automation industries in India and aims to provide customers with cost effective business process outsourcing and IT solutions. FTL is part of the Shapoorji Pallonji Group, a diversified global corporation in consumer appliances, textiles, shipping and engineering.