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TCS receives Rs 15,000 crore BSNL deal to deploy 4G network across India
The consortium led by Tata Consultancy Services Limited has received an Advance Purchase Order valued over Rs 15,000 crore from BSNL, a 100% Govt. of India-owned Public Sector Undertaking, for the deployment of a 4G network across India, as per the stock exchange.
This deal will be a shot in the arm for India's largest software exporter coming at a time when its major markets such as US and Europe are slowing down.
With this, TCS will be undertaking deployment of a 4G network across India for BSNL, the company confirmed in regulatory filings on BSE.
Meanwhile, according to a statement from Tata Group's Tejas Networks Limited released on April 3, it received an order worth Rs 696 crore from BSNL for the upgradation of its all-India IP-MPLS-based Access and Aggregation Network (MAAN).
Source: Media reports
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