NEW DELHI (Metro Rail News): Frog Innovations Limited has received and accepted a Letter of Intent (LOI) worth ₹91.97 crore, excluding GST, from Indus Towers Limited for the supply, installation and maintenance of a cellular Distributed Antenna System (DAS) at Delhi Metro stations and their interconnecting tunnels.
The company disclosed the order to the stock exchanges on 6 November 2026. Supply and installation are to be completed by March 2027. A definitive purchase order or contract is still awaited.
Order details
| Information | Details |
| Company | Frog Innovations Limited |
| Issued by | Indus Towers Limited (domestic entity) |
| Order type | Letter of Intent, accepted |
| Value | ₹91.97 crore (excluding GST) |
| Scope | Supply, installation and maintenance of cellular Distributed Antenna System (DAS) |
| Location | Several Delhi Metro Rail Corporation (DMRC) stations and interconnecting tunnels |
| Completion | Supply and installation by March 2027 |
| Disclosure date | 6 November 2026 |
| Status | Definitive purchase order or contract awaited |
What a DAS does
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A distributed antenna system spreads mobile signals through underground stations and tunnels using a network of small antennas connected to a central source, so passengers can keep calls and data running where signals from outdoor towers do not reach. A shared system lets several mobile operators use the same equipment.
The filing does not name the stations or lines covered, the number of operators served, or how the order value is split between equipment, installation and maintenance. It states that no promoter or group company has an interest in Indus Towers and that the order is not a related-party transaction.
Indus Towers and Delhi Metro
Indus Towers is one of India’s largest telecom tower and shared infrastructure companies. The Supreme Court has earlier upheld DMRC’s award to Indus Towers of the contract to install and operate in-building solutions for 5G services on the Airport Express Line.
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