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Investor Presentaiton

Significant OFC-related Project Opportunities National Broadband Mission Under National Broadband Mission as on 31 March 2023, Fiberization (lakh Kms) cumulative, was 37.26 Lakhs kms with the target of 50 Lakhs kms by FY 2025; 7.6 Lakhs towers were installed with the target of 15 Lakhs towers by FY 2025 High Bandwidth Demand resulting into High Fiberization of Towers Newly launched 5G expected to increase bandwidth demand resulting into higher tower fiberization. It is expected that tower fiberization will cross 70% from the current level of 38.06% as of 31 March 2023, acting as a demand driver for Optical Fiber Cables (OFC Networks) and related solutions in the coming years BharatNet Phase III BharatNet is the world largest rural broadband project connecting 250,000-gram panchayats across the country. For BharatNet, we completed the deployment of 7843 Km of OFC Network in Punjab and 7,733 Km in Jharkhand in BharatNet Phase -II and has been pivotal in bringing broadband connectivity to 3,200 villages in Punjab and 1789 villages in Jharkhand. GOI is planning for 3rd stage of BharatNet which is expected to be around 11 lakhs cable km with estimated spend of about 1.5lac crores including capex and opex for 10 years. Government of India expected to invest USD 10-12 Bn each year towards boosting the telecom infrastructure over the next 4-5 years (around USD 50 Bn by FY30) Estimated spend of USD 1.5-2.0 bn for OFC spend along highways for next 3 to 4 years HFCL Limited | Investor Presentation Oct 2023 19
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