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Tejas Networks announced that it has received an advance purchase order from BSNL for the upgradation of its pan-India IP-MPLS based Access and Aggregation Network (MAAN) using its routers.
Sanjay Nayak, managing director and CEO of Tejas Networks said, "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), fiber broadband, Voice over IP, WiFi and enterprise data services. 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."
Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder.
The company reported a consolidated net loss of Rs 10.88 crore in Q3 FY23 as against a net loss of Rs 24.30 crore posted in Q3 FY22. Revenue from operations zoomed 156.4% to Rs 274.55 crore in the quarter ended 31 December 2022 from Rs 107.06 crore recorded in the same period a year ago.
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