Tejas Networks has received an order worth Rs 696 crore from Bharat Sanchar Nigam Limited (BSNL) for the upgradation of its all-India IP-MPLS based Access and Aggregation Network (MAAN)
As a part of this contract, Tejas Networks will supply, install and commission over 13,000 of its 'TJ1400' series of next-generation access and aggregation routers.
Initial supplies and deployment are expected to be completed within the next 18 months, Tejas Networks said in an exchange filing on Monday.
"We are delighted to win this prestigious contract which is the single largest order we have received till date in our company. We look forward to partnering with BSNL to create a unified, flexible and scalable IP/MPLS network that will cater to growing data traffic from its full-range of services, including mobile (2G/3G/4G/5G), fibre broadband, Voice over IP, Wi-Fi and enterprise data services," said Sanjay Nayak, Managing Director and CEO of Tejas Networks.
"It provides us an excellent opportunity to deploy at scale, our carrier routing products and establish our world-class capabilities in the critical routing technology area," Nayak added.
At the time of writing this report, Tejas Networks' shares were over five per cent higher at Rs 610.