Mobile Tele Communications Ltd said it signed an agreement with Israel-based remote video monitoring and surveillance (RVMaS) services provider NeoVSP to launch the video surveillance service in India.
No financial details were provided but Mobile Tele said it expects to connect 1 lakh customers across India over next three years with the technology on monthly subscription.
On Friday, Mobile Tele Communications shares ended 4.8% higher at Rs5 on the Bombay Stock Exchange, while the benchmark Sensex closed 0.9% down at 17,574 points.
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