Tejas Networks Jumps 9% on 4G Network Order in South Asia

Stock Surges 9%

Tejas Networks shares spike to ₹463 (up 9.08%) after announcing South Asian mobile operator order. Later pared to 5% gains at ₹445.79

4G RAN Order Secured

Purchase order for state-of-the-art Radio Access Network solutions. Company's 4G multiband radio products to be deployed at multiple locations across operator's network

International Expansion
 

Order marks "important step" in expanding international wireless customer base. Part of strategy to take 4G/5G mobility solutions global beyond BSNL reliance

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Vendor Diversification Play
 

CTO Kumar Sivarajan: South Asian customer gains "trusted, proven technology partner" while benefiting from vendor diversity. Tejas offers innovative, differentiated telecom solutions

Recent Developments

February: Signed deal with NEC Corporation for 5G massive MIMO radio production. Stock up 34% in past month despite Q3 losses. Down only 1.64% year-to-date

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