Wednesday 28 March 2018

BSNL awards Rs. 336 cr order to Tejas Networks for BharatNet project

The state owned telecom operator BSNL has awarded the Telecom gear manufacturer Tejas Networks an order worth Rs. 336 Cr for BharatNet project.


Tejas Networks MD and CEO Sanjay Nayak said, “This order reinforces the confidence that BSNL and BBNL have in our capabilities to successfully execute large national projects of strategic importance. For BharatNet Phase-1, we played a major role and were honoured as the best performing equipment partner by the Government of India.”

Tejas Networks is the leading player which designs, develops, manufactures and sells high-performance optical and data networking products, which are used to build high-speed communication networks over optical fiber.

He added: “For the fiscal year 2018, we earlier expected our revenue growth to be around 5%. The nature of our business is that our revenues depend on the timely win of large orders. Due to delays in receiving certain large orders, we expect our revenues for the fiscal year 2018 to show a year-on-year decline.”

Sourcehttp://cablequest.org/index.php/news/broadband-and-iptv-news/item/12575-bsnl-awards-rs-336-cr-order-to-tejas-networks-for-bharatnet-project

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