Business
Swarajya Staff
Aug 17, 2023, 09:30 AM | Updated 09:30 AM IST
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Homegrown telecom gear maker Tejas Networks, a part of the Tata Group, has secured a contract worth Rs 7,492 crore (around $900 million) to supply its latest 4G/5G Radio Access Network (RAN) for Bharat Sanchar Nigam Limited (BSNL)'s nationwide network.
This contract covers 100,000 sites and includes supply, support, and annual maintenance services.
In a statement on Wednesday (16 August), the company announced that it has "executed a Master Contract for supply, support and annual maintenance services of its Radio Access Network equipment for BSNL’s Pan-India 4G/5G network, with Tata Consultancy Services Limited".
"As a part of this contract, the Company received a Purchase Order from TCS for Rs 7,492 crore (approx. USD 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 said.
The company won this order after successfully completing extensive trials as part of a consortium led by TCS, it added.
Commenting about the development, Tejas Networks CEO and MD Anand Athreya said, “We are delighted to be selected as the sole supplier of 4G/5G RAN equipment for one of the largest mobile networks in the world. 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," Athreya added.