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Award for Midas Tech

NEW DELHI: The Union Finance Minister, P. Chidambaram, on Wednesday presented the national award for commercialisation of indigenous technology to Midas Communication Technologies. The company in collaboration with IIT, Chennai, developed broadband access technology. Set up by IIT Chennai alumni, Midas has solutions ranging from toll-quality voice and dedicated Internet access to meet the needs of far-flung communities to the typical broadband needs of densely populated urban communities.

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