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News about XL Telecom Limited

February 6th, 2007

NSE Press Release - Feb 5, 2007

The media had reports that XL Telecom Limited is likely to bag two pilot orders worth Rs 30 crore each for supply of Solar panels from power utility company in Europe.

The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.

XL Telecom Limited has vide its letter inter-alia stated, “At the outset the information has not emanated as Press Release from the Company. Further, the company will always be looking out for new customers and will inform the stock exchanges first before we release the information to outside people about release of orders. As already informed, we have currently couple of Pilot Orders on hand and on execution of these we have the potential to get further orders.”

Entry Filed under: Equity Markets, Telecom, NSE