Tejas Networks has acquired an order price Rs 696 crore from Bharat Sanchar Nigam Limited (BSNL) for the upgradation of its all-India IP-MPLS based mostly Access and Aggregation Network (MAAN)
Tejas Networks, a part of the Tata Group, designs and manufactures wi-fi networking merchandise for telecommunications service suppliers, defence and authorities entities in over 75 international locations.
As part of this contract, Tejas Networks will provide, set up and fee over 13,000 of its ‘TJ1400’ collection of next-generation entry and aggregation routers.
Initial provides and deployment are anticipated to be accomplished throughout the subsequent 18 months, Tejas Networks stated in an change submitting on Monday.
“We are delighted to win this prestigious contract which is the single largest order we have received till date in our company. We look forward to partnering with BSNL to create a unified, flexible and scalable IP/MPLS network that will cater to growing data traffic from its full-range of services, including mobile (2G/3G/4G/5G), fibre broadband, Voice over IP, Wi-Fi and enterprise data services,” stated Sanjay Nayak, Managing Director and CEO of Tejas Networks.
“It provides us an excellent opportunity to deploy at scale, our carrier routing products and establish our world-class capabilities in the critical routing technology area,” Nayak added.
At the time of scripting this report, Tejas Networks’ shares have been over 5 per cent increased at Rs 610.
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