Tejas Networks completes delivery of 17,000 IP/MPLS routers for BharatNet Phase III

Tejas Networks [BSE: 540595, NSE: TEJASNET] has reached a major milestone by cumulatively shipping over 17,000 IP/MPLS routers for BharatNet Phase III. Tejas's industry-leading TJ1400 routers are being deployed in 9 states and 5 union territories across India by its PIA (Project Implementation Agency) partners and are carrying live traffic at multiple locations. Altogether, the company will be supplying nearly 60,000 TJ1400 routers for BharatNet Phase III which will be deployed across 55,000+ GPs (Gram Panchayats) and 2000 Blocks in the country.

Tejas Networks has a complete range of modular and compact next-generation access and aggregation routers for building terabit-scale IP/MPLS networks that meet stringent performance benchmarks. Powered by a pioneering Software-defined Hardware™ architecture, the company's indigenously designed carrier-class router portfolio ensures a flexible, scalable and reliable middle mile network for BharatNet.

Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks said, "Government of India's BharatNet is a flagship program for the digital empowerment of rural India through ubiquitous high-speed broadband connectivity. Today's announcement serves as a strong endorsement of our world-class capabilities in this complex technology area and reflects our emergence as a high-quality, global-scale supplier of IP/MPLS routers for critical infrastructure networks."

Shares of Tejas Networks Limited was last trading in BSE at Rs. 387.40 as compared to the previous close of Rs. 410.20. The total number of shares traded during the day was 259843 in over 5247 trades.

The stock hit an intraday high of Rs. 411.00 and intraday low of 382.95. The net turnover during the day was Rs. 103905341.00.

Source : Equity Bulls

Keywords

TejasNetworks INE010J01012 Delivery Order BharatNet Phase3