Shares of Tejas Network opened bright green on 16 August after the company received a purchase order worth Rs 7,492 crore from Tata Consultancy Services (TCS).

The master contract with Tata Consultancy Services is for the supply, support, and annual maintenance services of its Radio Access Network (RAN) equipment for approximately 100,000 sites for BSNL’s Pan-India 4G/5G network.

The purchase order received from TCS amounts to Rs 7,492 crore or approximately $900 million.

The equipment supply is to be executed between 2023 and 2024, whereas the support and maintenance services will be for 9 years post-warranty.

Anand Athreya, CEO and Managing Director of Tejas Networks, said, “Our cutting-edge portfolio of baseband and radio products will enable BSNL to roll out a scalable and cost-effective network that meets world-class performance and quality standards. This also furthers our mission to create India’s first global-scale telecom and networking products company with an end-to-end suite of wireless and wireline offerings.”

Dr Kumar N. Sivarajan, CTO of Tejas Networks, said in a statement that its 4G/5G RAN products are state-of-the-art and were subjected to rigorous field testing by BSNL for almost 18 months before being selected for large-scale deployment.

Tejas Networks manufactures wireless and wireless networking products for telecommunications, internet service providers, utilities, defence and government entities in over 75