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Tejas Networks gets mobilization advance of Rs 750 crore from TCS

08 Sep 2023 Evaluate

Tejas Networks has received mobilization advance of Rs 750 crore from Tata Consultancy Services (TCS), towards supply of Radio Access Network equipment for BSNL’s Pan-India 4G/5G network. 

Earlier, the company executed a Master Contract for supply, support and annual maintenance services of its Radio Access Network (the RAN) equipment for BSNL’s Pan-India 4G/5G network, with Tata Consultancy Services (TCS). As a part of this contract, the company received a Purchase Order from TCS for Rs 7,492 crore (around $900 million) to supply its latest 4G/5G RAN equipment for approximately 100,000 sites, which will be executed during the calendar years 2023 and 2024. The company won this order after successfully completing extensive trials as part of a consortium led by TCS.

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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