| Telecommunications Services | Broadband, MPLS VPN, data center, cloud, IP services, station WiFi, and telecom connectivity | Exclusive use of railways optical fiber right-of-way, government backing, pan-India presence, licensed telecom infrastructure | Government enterprises, Indian Railways, research institutes, urban and rural broadband users (B2G, B2C) | Data center services, enterprise VPN and cloud offerings, WiFi managed services | 1363 | 38 | Recurring revenues from bandwidth sales, subscriptions, managed services, and data center usage fees | Mostly contractual with recurring service fees, some tiered broadband offerings, and project-based billing | Government digital initiatives, WiFi expansion, data center demand, and growing broadband penetration | RailWire, RailCloud, NKN connectivity, WiFi services |
| Project Services | Engineering, installation and management of digital railway projects, signaling, and safety communication systems | Strong relationship with Indian Railways, technical expertise, exclusive right-of-way along railway tracks | Indian Railways, government agencies, public sector units (B2G) | Innovative signaling and safety communication projects | 2115 | 59 | Project contracts, milestone payments, long-term maintenance contracts | Fixed price projects, government tenders, milestone-based payments | Railway modernization drives, safety and signaling expansions, government infrastructure spending | Electronic Interlocking, LTE-R networks, KAVACH safety system, Tunnel Communication |
