FibreConnect partners with Tejas Networks to successfully deploy an end-to-end optical network in Italy

Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that FibreConnect, an innovative wholesale telecom infrastructure developer in Italy, has successfully launched its broadband services in the country using its state-of-the-art telecom and networking products. The company added that it isthe 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. Based on a unique business model built around partnerships with regional and retail ISPs (Internet Service Providers), FibreConnect targets industrials areas in Italy which currently lack broadband infrastructure to support the Italian government's'Transition 4.0' plan to promote the digital transformation of its manufacturing sector.

As a part of this contract, Tejas Networks has deployed its full-range of products including its versatile TJ1400UCB, integrating GPON/XGS-PON, Fixed LTE and PTN technologies for Access and Aggregation, multi-terabit TJ1600 OTN/DWDM systems for Metro and Backbone, and feature-rich TJ2100 series of ONTs for business and industrial premises. The complete network is being managed using TejNMS, the company's universal, multi-technology network management system coupled with an advanced service orchestration solution to deliver an agile, resilient and future-proof network for FibreConnect.

Renzo Ravaglia, Executive Chairman and CEO of FibreConnect said, "FibreConnect is thrilled to partner with Tejas Networks on this transformative network rollout that seeks to bridge the digital divide forsmall & médium businessesin Italy and extend the benefits of high-speed connectivity to unserved businesses and industries across the country through its ISP partners. Tejas Networks' innovative solutionssuch astheir business-grade Type-C protection switching on ONTs, 2.5G GPON ONTs, converged "swiss-knife" architecture for multiservice access, and novel interplay of PTN and OTN technologies in the backbone are enabling us to deliver the highest level of service to our customers in a cost-effective manner. In spite of challenging macro-economic headwinds, Tejas Networks fully met our expectations of timely deliveries, high quality, and prompt customer support to successfully get this network up and running as per committed deadlines."

Mr. Anand Athreya, Chief Executive Officer and Managing Director of Tejas Networks said, "We are delighted that FibreConnect chose to build the complete network in Italy using our carrier-class optical and broadband access products. Besides signaling our emergence as a leading end-to-end supplier of world-class telecom equipment, this win also demonstrates a growing confidence among global telcos in our ability to design and execute complex, largescale networks, all the way from access to core."

Mr. Indranil Sen, Chief Revenue Officer (UK and EU) of Tejas Networks said, "By building a single vendor network based on Tejas products, FibreConnect is able to leverage the true strengths and benefits of our innovative portfolio to develop advanced applications and create differentated services for its customers. FibreConnect's unique business model, combined with our expertise in building programmable, next-generation networks, could prove to be a potential game changer for the Italian telecommunications industry and can be replicated in other parts of Europe as well."

Shares of Tejas Networks Limited was last trading in BSE at Rs. 875.55 as compared to the previous close of Rs. 870.35. The total number of shares traded during the day was 27224 in over 1501 trades.

The stock hit an intraday high of Rs. 884.00 and intraday low of 870.15. The net turnover during the day was Rs. 23887739.00.

Source : Equity Bulls

Keywords

TejasNetworks INE010J01012 FibreConnect BroadbandServices Italy