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  • Hughes Communications India, Ltd. (HCIL), the leading provider of broadband satellite and managed network services in India and a majority owned subsidiary of Hughes Network Systems, LLC (Hughes)  has said on Monday that it has received approximately 5000 orders from January 2011 till now for setting up VSAT terminals of ‘Brown Label’ ATMs service providers across the country.  These orders from various ATM vendors are already in the execution process.

 

  • The current installed base of ATMs is India is 75,000 as of June 2011. Out of these 75,000 ATMs, 18,500 plus ATMs have been installed using Hughes VSAT technology.

 

  • In a brown label ATM, the hardware as well as lease is under the ownership of the service provider, while connectivity and cash handling and management is the responsibility of the sponsor bank. The ATM is named under the brand of the sponsor bank. Brown label ATMs are all about a shared network that results in tremendously cutting costs within banks.

 

  • Setting up Brown label ATMs is an added step in the same direction as it stresses on the need for increased ATM connectivity as well stating that a networked partnership is the key to growth. We are extremely pleased to be setting up 5000 VSAT terminals for these ATMs.  Brown Label ATMs is the model that the banking industry is now moving towards and Hughes is the preferred industry partne, said Mr Shivaji Chatterjee, VP-Enterprise Business, Hughes Communication said
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