Pace Digitek Bags ₹185.87 Crore O&M Order from Tata Teleservices; Share Price Surges

Pace Digitek Limited has received an operation and maintenance (O&M) contract valued at ₹185.87 crore from Tata Teleservices Limited, as per a recent filing. The order will take effect from October 2025.

The contract covers managed services for both Outside Plant (OSP) Fibre Network field operations and Inside Plant (ISP) operations. Services will be provided across 5 states: Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. The initial term is 3.5 years, with the option of an extension subject to mutual agreement

Regional Coverage and Scale

By securing this order, Pace Digitek will oversee critical telecom infrastructure across five southern states. The responsibilities include day-to-day maintenance, ensuring operational continuity, and supporting Tata Teleservices in managing its fibre and plant networks. This engagement expands Pace Digitek’s service portfolio in large-scale O&M assignments

Company Details

Pace Digitek was incorporated in 2003 and is headquartered in Bangalore. and has been committed to innovation. Starting small, we have built a successful track record in Power Management, Optical Fibre Laying, and Energy Management Solutions. We are now strategically growing toward a future specialising in Telecom Power Solutions and Solar Solutions, with the goal of becoming a leading force in the telecommunications industry.

Official Statement

As per the exchange filings, Mr Rajiv Maddisetty, Whole-time Director, PACE Digitek Limited, said, “We are immensely proud and honoured that Tata Teleservices has entrusted us with this critical Operation and Maintenance contract. This is a testament to the trust we have built and the value we deliver in the telecom infrastructure space. We at Pace Digitek are fully committed and ensure our complete support to this great collaboration with Tata Teleservices and deliver the best-of-the-best services.”  

Pace Digitek Share Price Performance

As of October 9, 2025, at 9:48 AM, Pace Digitek share price was trading at ₹218.80, a 1.47% increase from the previous closing price.

Conclusion

The contract with Tata Teleservices places Pace Digitek in charge of O&M services for telecom infrastructure across five southern states, with work beginning in October 2025.

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