Tejas Networks is in focus after receiving a Rs. 1,537-cr. order from Tata Consultancy Services (TCS) related to the rollout of BSNL’s 4G network. The order adds to Tejas Networks’ participation in India’s large-scale telecom infrastructure programme.
The BSNL 4G rollout remains an important opportunity for domestic telecom-equipment manufacturers as India continues to strengthen its indigenous telecom ecosystem. The project can provide Tejas with greater revenue visibility as deployment progresses.
Investors are likely to monitor execution of the order, future BSNL-related contracts and the company’s broader order pipeline as key factors for its financial performance.
