Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that Shri Jyotiraditya M. Scindia, Hon'ble Union Minister of Communications and Development of North Eastern Region inaugurated Tejas Center of Excellence for Wireless Communications at their Bangalore Headquarters. As a part of the visit, the Hon'ble Union Minister also launched the company's indigenously designed 32T32R Massive MIMO radio capable of delivering 1+ Gbps download speeds using 5G mid-band spectrum.
Congratulating Tejas Networks on this occasion, Hon'ble Union Minister Shri Jyotiraditya Scindia said, "Tejas Networks has demonstrated that Indian companies can design and manufacture high-quality, cutting-edge products and successfully compete against the best global players in the telecom sector. I was truly impressed to see the wide range of worldclass wireless and wireline products that Tejas has developed in India that form an integral part of all major networks in India and in several countries around the world."
The "Tejas Center of Excellence for Wireless Communications" at Tejas Networks seeks to advance research in frontier technologies, standards and architectures that will underpin next-generation mobile networks as they evolve towards 6G and beyond. The Center of Excellence housesstate-of-the-art modeling tools and test infrastructure to design, prototype and commercialize innovative wireless products and solutions that will support emerging usage scenarios and applications as envisaged in ITU-R's IMT-2030 (International Mobile Telecommunications) framework. The center currently focuses on contributions in emerging areas such as AI/ML, Integrated Sensing and Communications (ISAC), Massive MIMO, Terahertz Communications, Reconfigurable Intelligent Surfaces (RIS), Sub-band Full Duplex (SBFD) among others.
Anand Athreya, CEO & Managing Director, Tejas Networks said, "We invest significant resources in R&D and IPR creation and our new Center of Excellence showcases our advanced technological capabilities in wireless communications. We are firmly committed to building a top-tier global telecom and networking company from India and will play our part in helping realize Government of India's vision of an "Atmanirbhar Bharat" in the telecom sector."
Shares of Tejas Networks Limited was last trading in BSE at Rs. 1213.60 as compared to the previous close of Rs. 1232.75. The total number of shares traded during the day was 19142 in over 2289 trades.
The stock hit an intraday high of Rs. 1232.95 and intraday low of 1208.00. The net turnover during the day was Rs. 23371790.00.