{"id":34675,"date":"2025-01-07T12:25:59","date_gmt":"2025-01-07T06:55:59","guid":{"rendered":"https:\/\/sattaexpress.co.in\/index.php\/2025\/01\/07\/kore-digital-enhances-telecom-infrastructure-services-through-major-acquisitions\/"},"modified":"2025-01-07T12:25:59","modified_gmt":"2025-01-07T06:55:59","slug":"kore-digital-enhances-telecom-infrastructure-services-through-major-acquisitions","status":"publish","type":"post","link":"https:\/\/sattaexpress.co.in\/index.php\/2025\/01\/07\/kore-digital-enhances-telecom-infrastructure-services-through-major-acquisitions\/","title":{"rendered":"Kore Digital Enhances Telecom Infrastructure Services through Major Acquisitions"},"content":{"rendered":"<div>\n<div>\n<p><strong>Mumbai (Maharashtra) [India], January 07: <\/strong>Kore Digital Limited,\u00a0(NSE \u2013 KDL),\u00a0One of the leading providers of telecommunication infrastructure development and allied services, Kore Digital Limited, has announced the acquisition of 98% equity stakes in Franken Telecom Private Limited, Wolter Infratech Private Limited, and KDL Realinfra Private Limited from their existing shareholders. The acquisitions were approved during a recent board meeting.<\/p>\n<p>These acquisitions align with Kore Digital\u2019s strategic goals of combining resources, accessing advanced technologies, and fostering stronger relationships within the industry.<\/p>\n<p><strong>Franken Telecom Private Limited<\/strong><\/p>\n<p>Franken Telecom, incorporated on July 8, 2024, specializes in providing infrastructure facilities to various telecom companies. Kore Digital is acquiring 4,900 equity shares, representing 98% ownership, at a face value of\u00a0\u20b910 per share. This acquisition will enable Kore Digital to optimize resources, reduce costs, and improve operational efficiencies across its telecommunication infrastructure projects.<\/p>\n<p><strong>Wolter Infratech Private Limited<\/strong><\/p>\n<p>Wolter Infratech, established on July 9, 2024, is engaged in specialized engineering and civil works. Kore Digital is acquiring 4,900 equity shares, equating to 98% of the company\u2019s equity, at a face value of\u00a0\u20b910 per share. By integrating Wolter Infratech\u2019s skilled workforce and technical expertise, Kore Digital aims to enhance its engineering capabilities and deliver high-quality infrastructure solutions.<\/p>\n<p><strong>KDL Realinfra Private Limited<\/strong><\/p>\n<p>KDL Realinfra, incorporated on March 19, 2024, brings expertise in infrastructure activities to Kore Digital\u2019s portfolio. With the acquisition of 9,800 equity shares (98% of the total equity) at a face value of\u00a0\u20b910 per share, Kore Digital seeks to leverage KDL Realinfra\u2019s industry relationships to explore future collaborations and drive growth in the infrastructure domain.<\/p>\n<p>These acquisitions reflect Kore Digital Limited\u2019s strategic approach to scaling its business and delivering comprehensive telecommunication and infrastructure services. By integrating the strengths of Franken Telecom, Wolter Infratech, and KDL Realinfra, Kore Digital is poised to enhance its competitive edge.<\/p>\n<div>\n<p>Commenting on the Acquisitions\u00a0Mr. Ravindra Navinchandra Doshi, Managing Director\u00a0of Kore Digital Limited said<strong>,<\/strong>\u00a0\u201cThese acquisitions mark a significant step forward in our growth strategy. By bringing Franken Telecom, Wolter Infratech, and KDL Realinfra into the Kore Digital family, we aim to combine resources, access advanced technologies, and expand our expertise across key areas.<\/p>\n<p>These companies bring specialized skills and strong industry relationships that will help us improve efficiency, reduce costs, and strengthen our service offerings. We are confident that this move will not only enhance our operational capabilities but also position us for sustainable growth and value creation for all our stakeholders.\u201d<\/p>\n<p><em>If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai (Maharashtra) [India], January 07: Kore Digital Limited,\u00a0(NSE \u2013 KDL),\u00a0One of the leading providers of telecommunication infrastructure development and allied&hellip;<\/p>\n","protected":false},"author":3,"featured_media":34676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[11],"class_list":["post-34675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/34675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/comments?post=34675"}],"version-history":[{"count":0,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/posts\/34675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media\/34676"}],"wp:attachment":[{"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/media?parent=34675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/categories?post=34675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sattaexpress.co.in\/index.php\/wp-json\/wp\/v2\/tags?post=34675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}