Tejas Networks Deploys Ultra Converged Broadband Solution for Tata Tele Business Services

Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has deployed its TJ1400 family of carrier-class Fiber-to-the-x (FTTx) and Packet Switching Network (PTN) solutions to deliver high-speed fiber connectivity services to businesses across the country for Tata Tele Business Services (TTBS). TTBS is a leading digital solutions provider offering a comprehensive portfolio of data, voice and managed services to Enterprises.

Mr. Arnob Roy, COO & Executive Director of Tejas Networks said, "We are pleased that TTBS has selected Tejas for their access network modernization project. This win is a testament to our emergence as a world-class enterprise access & metro vendor of choice among telecom service providers seeking to deliver high-quality and ultra-reliable communications experience to their subscribers. Tejas is committed to a software enabled transformation approach which significantly lowersthe total cost of ownership and providesthe highest value to our customers."

Yogesh Verma, Vice President of Sales at Tejas Networks said "Our field proven TJ1400 product will allow TTBS to address the growing demand for enterprise connectivity and enhanced customer experience. We thank TTBS for reposing their faith in Tejas once again and we look forward to exploring further synergies to enhance end-customer delight".

"Emerging markets, such as India, are witnessing strong take-up rates for fiber broadband services due to attractive supply-side and demand-side conditions in these countries. Cost per premise passed in India is relatively low due to lower labor costs, use of aerial fiber, and higher population density. Indian consumers are showing a strong willingness to pay for highquality fiber broadband connections, leading to strong adoption. Tejas Networks is an established GPON/XGS-PON vendor in the Asia and Oceania region and has been winning multiple FTTx contracts in India," said Julie Kunstler, Chief Analyst for Broadband Access at Omdia.

Shares of Tejas Networks Limited was last trading in BSE at Rs. 710.55 as compared to the previous close of Rs. 716.75. The total number of shares traded during the day was 24330 in over 1338 trades.

The stock hit an intraday high of Rs. 718.95 and intraday low of 707.70. The net turnover during the day was Rs. 17343543.00.

Source : Equity Bulls

Keywords

TejasNetworks INE010J01012 TJ1400 FTTx PTNSolutions BroadbandSolution TataTeleBusinessServices