ITI Share Price in Focus; Secures ₹856.39 Crore BSNL Contract for 4G Network Expansion

ITI Limited has secured a ₹856.39 crore order from Bharat Sanchar Nigam Limited (BSNL) for the expansion of its 4G mobile network in western India, as per an exchange filing dated July 16, 2026. The contract covers 7,613 sites under the Phase IX expansion programme.  

According to the company, the work includes planning, engineering, supply, installation, testing and commissioning of the network on a turnkey basis. 

Order Follows Earlier Phase IX Deployment 

The new contract comes after ITI completed an earlier Phase IX.2 project for BSNL in the western region. That project, valued at ₹2,640 crore, was executed by a consortium comprising ITI and Tata Consultancy Services (TCS).  

It covered the deployment of 4G infrastructure across 23,633 sites in Maharashtra, Goa, Gujarat, Chhattisgarh, Madhya Pradesh and the Mumbai Licensed Service Area (LSA). The scope also included integration and annual maintenance. 

Additional Sites Included in Rollout 

The latest order relates to the expansion of BSNL's existing 4G network and includes saturation sites funded under the Digital Bharat Nidhi (DBN) programme.  

BSNL is deploying indigenous 4G equipment as part of the government's domestic telecom programme for increasing the use of locally developed technology in public telecom networks. 

BharatNet Projects Continue 

Separately, ITI said it is executing BharatNet Phase III projects worth around ₹7,000 crore for BSNL. These projects cover Himachal Pradesh, West Bengal, Arunachal Pradesh, Nagaland, Manipur and the Andaman & Nicobar Islands.  

The company operates manufacturing units at six locations and has a research and development centre in Bengaluru. 

Management Statement 

In an exchange filing, ITI said the latest order was awarded after completion of the earlier Phase IX.2 deployment in the western region.  

Chairman and Managing Director Rajesh Rai said the company continues to undertake projects related to BSNL's 4G network expansion. 

Read More: Paytm Share Price in Focus; Board to Consider Bonus Share Issue on July 20, 2026! 

ITI Limited Share Price Performance  

As of July 16, 2026, 2:10 pm, ITI Ltd share price was trading at ₹281.15, down 1.18% from the previous closing price. 

Conclusion 

With this order, ITI will execute the expansion of BSNL's 4G network across 7,613 additional sites in the western region. The company is also working on BharatNet Phase III projects in several states. 

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