MoneyWorks4Me

Tejas Networks secures order of Rs 32 crore from STL, L&T Construction

07 Sep 2020 Evaluate

Tejas Networks has received a purchase order of Rs 32 crore from Sterlite Technologies (STL) and L&T Construction for its GPON (Gigabit Passive Optical Network) fiber-to-the-home (FTTH) equipment for a state-led Bharatnet project in south India. The company will supply its state-of-the-art GPON OLT and ONT products for this project, which is being funded as a part of BharatNet, the world’s largest rural broadband project that aims to deliver high-speed Internet connectivity over optical fiber to all the villages in India.

The company is already the leading supplier of GPON OLT/ONT products for BharatNet Phase1 project and has been awarded by Government of India as one of the best performing equipment suppliers for BharatNet Phase-1.

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.

Peers
Company Name CMP
Black Box 838.05
ITI 256.00
Tejas Networks 517.40
Quadrant Televenture 0.86
Valiant Communicatns 1427.75
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