Tejas Networks bags order worth $13 mn for supply and installation of broadband products

New Delhi: Communications equipment firm Tejas Networks on Thursday said it has bagged an order worth USD 13 million (approx Rs 95 crore) from a telecommunications service provider in South East Asia for supply and installation of its broadband products. As per the contract, Tejas will supply and install its broadband products to extend high-speed broadband services to underserved rural communities in the region, Tejas Networks said in a regulatory filing. The project is expected to be executed within the next 12 months. Shares of Tejas Networks were trading 4.96 per cent higher at Rs 137.45 apiece on BSE.

from Economic Times https://ift.tt/2X0qFkh