Latest news with #TejasNetworks
Business Standard
5 days ago
- Business
- Business Standard
Valiant Comm hits the roof after bagging Rs 37 cr order from Tejas Networks
Valiant Communications hit an upper circuit of 5% at Rs 750.25 after the company announced that it has received the final confirmed purchase order from Tejas Networks. The order involves the supply and commissioning of communication, protection and synchronization equipment for a project undertaken by Gujarat Energy Transmission Corporation (GETCO), the end-user. The total value of the order stands at Rs 37.46 crore and execution is scheduled to be completed by 30 June 2026, according to the companys regulatory filing. Valiant Communications also clarified that the transaction does not involve any related parties, and that neither the promoters, the promoter group, nor any group companies have any financial interest in the awarding entity. Valiant Communications is a manufacturer and exporter of a wide range of communications, transmission, protection, synchronization, NAS data storage equipment and cyber security products. It is an approved manufacturer to some of the major power utilities including Power Grid Corporation (India) and various National and State Electricity Boards, with track record of successful installations in more than 5,500+ power sub-stations worldwide including at 765kV, 440kV, 400kV, 384kV, 220kV, 132kV, 110kV, 66kV and 33kV power sub-stations. The companys consolidated net profit surged 69.5% to Rs 4.22 crore in Q4 FY25 as against Rs 2.49 crore posted in Q4 FY24. Revenue from operations jumped 21.1% YoY to Rs 16.12 crore in the quarter ended 31 March 2025.
The Wire
6 days ago
- Business
- The Wire
Rakuten Symphony and Tejas Networks announce partnership to drive Global Expansion through Interoperable 5G Solutions
TOKYO and BENGALURU, India, June 26, 2025 /PRNewswire/ -- Rakuten Symphony and Tejas Networks, a Tata Group company, today announced a multi-faceted strategic partnership to develop integrated Open RAN solutions and engage in joint go-to-market efforts, both in India and internationally. The companies will collaborate to integrate Rakuten Symphony's CU and DU software, OSS, and cloud portfolio with Tejas's extensive, proven 4G/5G radio portfolio and explore opportunities for the deployment and expansion of 4G and 5G networks worldwide, including in India, leveraging commercial and technical synergies, as well as collaborative engagement strategies. Sharad Sriwastawa, President, Rakuten Symphony, said, "Rakuten Symphony is excited to partner with Tejas Networks, a company that shares our vision of increasing interoperability and openness in telecom. By combining Rakuten Symphony's cloud-native software and orchestration capabilities with Tejas Networks' proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of today's rapidly evolving telecom landscape." Kumar N. Sivarajan, CTO and Co-founder, Tejas Networks, said, "Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakuten's resilient cloud native RAN software stack and orchestration solution, to provide a compelling solution to the global market." Rakuten Symphony, through its collaboration with Rakuten Mobile who applies achievements obtained from key research and development projects subsidized by the NEDO (New Energy and Industrial Technology Development Organization) program*1, remains committed to leading Open RAN innovation, and the development of automated network quality assurance systems and edge cloud capabilities for next-generation communication networks of the future. Read more here about Rakuten Symphony and Rakuten Mobile's participation in government sponsored research and development initiatives to explore modernization of mobile networks and diversification of supply chain vendor ecosystems. Notes *1 "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems (JPNP20017)", subsidized by the New Energy and Industrial Technology Development Organization (NEDO). [Link] About Tejas Networks Limited Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder. For more information, please visit: About Rakuten Symphony Rakuten Symphony is reimagining telecom, changing supply chain norms and disrupting outmoded thinking that threatens the industry's pursuit of rapid innovation and growth. Based on proven modern infrastructure practices, its open interface platforms make it possible to launch and operate advanced mobile services in a fraction of the time and cost of conventional approaches, with no compromise to network quality or security. Rakuten Symphony has operations in Japan, the United States, Singapore, India, Europe and the Middle East Africa region. For more information, visit: https: Photo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.).
Business Standard
6 days ago
- Business
- Business Standard
Rakuten Symphony and Tejas Networks announce partnership to drive Global Expansion through Interoperable 5G Solutions
PRNewswire Tokyo [Japan]/ Bengaluru (Karnataka) [India], June 26: Rakuten Symphony and Tejas Networks, a Tata Group company, today announced a multi-faceted strategic partnership to develop integrated Open RAN solutions and engage in joint go-to-market efforts, both in India and internationally. The companies will collaborate to integrate Rakuten Symphony's CU and DU software, OSS, and cloud portfolio with Tejas's extensive, proven 4G/5G radio portfolio and explore opportunities for the deployment and expansion of 4G and 5G networks worldwide, including in India, leveraging commercial and technical synergies, as well as collaborative engagement strategies. Sharad Sriwastawa, President, Rakuten Symphony, said, "Rakuten Symphony is excited to partner with Tejas Networks, a company that shares our vision of increasing interoperability and openness in telecom. By combining Rakuten Symphony's cloud-native software and orchestration capabilities with Tejas Networks' proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of today's rapidly evolving telecom landscape." Kumar N. Sivarajan, CTO and Co-founder, Tejas Networks, said, "Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakuten's resilient cloud native RAN software stack and orchestration solution, to provide a compelling solution to the global market." Rakuten Symphony, through its collaboration with Rakuten Mobile who applies achievements obtained from key research and development projects subsidized by the NEDO (New Energy and Industrial Technology Development Organization) program*1, remains committed to leading Open RAN innovation, and the development of automated network quality assurance systems and edge cloud capabilities for next-generation communication networks of the future. Read more here about Rakuten Symphony and Rakuten Mobile's participation in government sponsored research and development initiatives to explore modernization of mobile networks and diversification of supply chain vendor ecosystems. Notes *1 "Research and Development Project of the Enhanced Infrastructures for Post-5G Information and Communication Systems (JPNP20017)", subsidized by the New Energy and Industrial Technology Development Organization (NEDO). [Link] About Tejas Networks Limited Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder. For more information, please visit: About Rakuten Symphony Rakuten Symphony is reimagining telecom, changing supply chain norms and disrupting outmoded thinking that threatens the industry's pursuit of rapid innovation and growth. Based on proven modern infrastructure practices, its open interface platforms make it possible to launch and operate advanced mobile services in a fraction of the time and cost of conventional approaches, with no compromise to network quality or security. Rakuten Symphony has operations in Japan, the United States, Singapore, India, Europe and the Middle East Africa region. For more information, visit:
Business Standard
6 days ago
- Business
- Business Standard
Tejas Networks rallies after joining hands with Rakuten Symphony
Tejas Networks added 3.70% to Rs 723 after the company announced a multi -faceted strategic partnership with Rakuten Symphony to develop integrated open RAN solutions and engage in joint go-to-market efforts, both in India and internationally. The companies will collaborate to integrate Rakuten Symphonys CU and DU software, OSS, and cloud portfolio with Tejas extensive, proven 4G/5G radio portfolio and explore opportunities for the deployment and expansion of 4G and 5G networks worldwide, including in India, leveraging commercial and technical synergies, as well as collaborative engagement strategies. Sharad Sriwastawa, president, Rakuten Symphony, said, Rakuten Symphony is excited to partner with Tejas Networks, a company that shares our vision of increasing interoperability and openness in telecom. By combining Rakuten Symphonys cloud-native software and orchestration capabilities with Tejas Networks proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of todays rapidly evolving telecom landscape. Kumar N. Sivarajan, CTO and co-founder, Tejas Networks, said, Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakutens resilient cloud native RAN software stack and orchestration solution, to provide a compelling solution to the global market. Tejas Networks designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, defence and government entities in over 75 countries. Tejas Networks is a part of the Tata Group, with Panatone Finvest (a subsidiary of Tata Sons) being the majority shareholder. The company reported consolidated net loss of Rs 71.80 crore in Q4 FY25 as compared with net profit of Rs 146.78 crore in Q4 FY24. Net sales jumped 54.3% YoY to Rs 1,806.43 crore in Q4 FY25.
Time of India
6 days ago
- Business
- Time of India
Tejas Networks, Rakuten Symphony ink 5G Open RAN development deal
NEW DELHI: Homegrown telecom gear maker Tejas Networks has partnered with Japan's Rakuten Symphony to develop Open Radio Access Network (Open RAN) solutions, and jointly work on go-to-market initiatives in India and internationally. Under the partnership, which was announced after-market hours on Wednesday, Tejas will integrate CU and DU software, OSS and Cloud portfolio with the Tejas 4G and 5G radio portfolio, and explore opportunities for the deployment and expansion of networks worldwide, including in India. The companies, however, did not disclose the financial terms of the partnership. 'By combining Rakuten Symphony's cloud-native software and orchestration capabilities with Tejas Networks' proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of today's rapidly evolving telecom landscape,' said Sharad Sriwastawa, president, Rakuten Symphony. 'Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakuten's resilient cloud-native RAN software stack and orchestration solution, to provide a compelling solution to the global market,' said Kumar N Sivarajan, chief technology officer (CTO) and co-founder, Tejas Networks. Earlier this year, the Tata group company signed technology collaboration deals worth ₹525-crore with Japanese NEC to develop advanced wireless network solutions for global telecom carriers. As part of this collaboration, NEC agreed to license its Massive MIMO radio, and 4G and 5G converged core technology to Tejas. Tejas has a large-scale deployment of its 4G/5G RAN products and has developed a wide portfolio of 5G products, including single band, dual band, and massive MIMO radio.
