Tata Group’s telecom equipment company, Tejas Networks, has successfully delivered telecom gear to Bharat Sanchar Nigam Limited (BSNL) to set up 1 lakh (100,000) 4G and 5G sites. The deal, worth ₹7,492 crore, was awarded to Tejas in August 2023.
Tejas Networks’ CEO and MD, Anand Athreya, announced during the company’s earnings call that they have shipped all the equipment required for over 100,000 network sites. He highlighted that this was one of the largest single-vendor RAN (Radio Access Network) projects in the world, completed in a very short time. The successful execution was supported by a consortium involving TCS, C-DOT, and BSNL.
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BSNL is now preparing to launch its 4G services in June 2025, which comes 9 years after private telecom companies rolled out their own 4G services. Once the 4G network is stable, BSNL plans to upgrade to 5G services using the same infrastructure.
In the March 2025 quarter, Tejas Networks reported:
For the financial year ending March 31, 2025, the company showed strong performance:
Tejas Networks also entered a strategic technology partnership with NEC Corporation of Japan. This agreement aims to work together on developing:
They will also pursue a joint go-to-market strategy globally.
Back in December, Tejas Networks won a 3-year contract with Vodafone Idea Ltd (VIL) to supply telecom gear and strengthen its backend network across several service areas.
Tejas COO Arnob Roy confirmed that the company has completed and shipped all equipment for Phase 1 of the Vodafone project.
Tejas is in advanced discussions with BSNL for a follow-up contract. The company is also eyeing a new tender related to Rail Kavach, a train safety and security system project.
Tejas Networks is an Indian company specialising in optical, broadband, and data networking solutions. It designs, develops, and supplies its products to telecom operators, internet service providers, utilities, government agencies, and security organisations across 75 countries.
As of 9:45 am IST on May 5, Tejas Networks share price is trading at ₹692.35, down ₹12.60 or 1.79% for the day. The stock opened at ₹709.00 and touched an intraday high of ₹712.95 and a low of ₹690.00. The company has a market capitalisation of ₹12,070 crore and a price-to-earnings (P/E) ratio of 27.28. It does not offer a dividend yield. Over the past 52 weeks, the stock has touched a high of ₹1,495.00 and a low of ₹646.55.
Tejas Networks is making strong progress in India’s telecom sector with major projects like BSNL’s 4G/5G rollout and partnerships with leading companies. Its recent financial growth and upcoming deals show a positive outlook for the company’s future.
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Published on: May 5, 2025, 9:50 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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