Tejas Networks: Export theme
Tejas Networks: Export theme
Tejas Networks: FY24 has been a milestone year for the company
- Commissioning of FibreConnect’s optical network in Italy FibreConnect, an innovative wholesale telecom infrastructure developer in Italy, successfully launched its broadband services in the country using Tejas’s state-of-the-art telecom and networking products. Tejas is the sole supplier of optical networking and broadband access products for FibreConnect's country-wide FTTP (fiber-to-the-premise) rollout, ranging from DWDM/PTN/OTN for Core to xPON and Ethernet for Access.
- Strategic Partnership with Telecom Egypt Tejas signed a Memorandum of Understanding (MoU) with Telecom Egypt (TE), ITIDA (Information Technology Industry Development Agency) and NTI (National Telecom Institute) to replicate its experience of implementing Bharatnet (Rural Broadband Project) and NKN (National Knowledge Network) projects in Egypt. Other broad areas of cooperation include capacity building of Egyptian engineers and technicians on state-of-the-art telecom and networking technologies, establishing local manufacturing and R&D facilities for Fiber-to-theHome (FTTH) products, and setting up technical support services in Egypt both for customers within the country as well as for the larger Africa and Middle East region
- Largest ever project (~` 7,600 crore) for supply, support and annual maintenance services of Radio Access Equipment for 100,000 cell-sites for BSNL’s Pan India 4G/5G network Tejas executed with Tata Consultancy Services Limited (the “TCS”), a related party of the Company, the Master Contract towards supply, support and annual maintenance services for Radio Access Network equipment for BSNL’s Pan-India 4G/5G network. As a part of this contract, the Company received as on March 31, 2024, Purchase Orders for an amount of ` 7,600 crore (excluding GST) from TCS towards supply of 4G/5G RAN equipment for approximately 100,000 sites.
- Significant growth in revenue and turn to profitability
- Growth in all product segments, led by Wireless
- Successful entry into 2 new large product/technology segments with high growth – 4G/5G RAN and Service Provider Switching/Routing (IP/MPLS)
- Executing largest ever networks built in India with indigenous technology in 4G/5G RAN, Routers and Satellite Transponders
- Demonstrated ability to scale manufacturing by executing shipments in record time
- Significant investments for enabling future growth
- 42% growth in headcount –mainly in R&D, manufacturing, sales, support
- Expansion of facilities for supporting growth in R&D and Manufacturing Ops
- Major capex investments in R&D and Manufacturing
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