In May this year, Tejas Networks had announced that the company is part of the TCS-led consortium that successfully bid for the BSNL pan-India 4G project. BSNL had issued advance purchase order (APO) to TCS as well as ITI for this project. As a part of the consortium, Tejas Networks will supply and service the radio access networks (RAN) equipment.

Accordingly, on August 15, Tejas Networks executed a master contract for supply, support and annual maintenance services of its RAN equipment for BSNL's pan-India 4G/5G network, with TCS. The said order will be executed during the calendar years 2023 and 2024.

Anand Athreya, CEO and managing director of Tejas Networks, 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.”

the company reported net loss of Rs 26.29 crore in Q1 FY24 as compared with Rs 6.64 crore in Q1 FY23. Net sales jumped 49.4% to Rs 187.89 crore in Q1 FY24 as compared with Rs 125.76 crore posted in corresponding quarter last year.

Tejas Networks designs, develops, manufactures and sells high-performance telecom and networking products, which are used to build high-speed communication networks.