Tejas Networks wins Rs. 7,492 crore (approx. USD 900 million) order for BSNL's Pan-India 4G/5G network

BENGALURU,India,Aug. 16,2023 -- Tejas Networks Limited (BSE: 540595) (NSE: TEJASNET)(the "Company") today announced that it has executed a Master Contract for supply,support and annual maintenance services of its Radio Access Network (the "RAN") equipment for BSNL's Pan-India 4G/5G network,with Tata Consultancy Services Limited (the "TCS") (BSE: 532540) (NSE: TCS).

As a part of this contract,the Company received a Purchase Order from TCS for Rs 7,492 crore (approx. USD 900 million) to supply its latest 4G/5G RAN equipment for approximately 100,000 sites,which will be executed during the calendar years 2023 and 2024. The company won this order after successfully completing extensive trials as part of a consortium led byTCS.

Mr. Anand Athreya,CEO and Managing Director of Tejas Networks said,"We are delighted to be selected as the sole supplier of 4G/5G RAN equipment for one of the largest mobile networks in the world. Our cutting-edge portfolio of baseband and radio products will enable BSNL to roll out a scalable and cost-effective network that meets world-class performance and quality standards. This also furthers our mission to create India's first global-scale telecom and networking products company with an end-to-end suite of wireless and wireline offerings."

Mr. Arnob Roy,COO and Executive Director of Tejas Networks said,"We are proud to be a member of the TCS consortium that has put the country on the world map in a highly competitive,deep-technology segment. We are committed to collaborating with our consortium partners to ensure a best-in-class service experience forBSNL subscribers,both consumers and businesses,around the country."

Dr. Kumar N. Sivarajan,CTO of Tejas Networks said,"Our state-of-the-art 4G/5G RAN products were subjected to rigorous field testing by BSNL for nearly eighteen months before being chosen for this large-scale commercial deployment. This win is a true testament to the engineering excellence and innovation prowess of our R&D team that successfully developed and delivered an industry-leading product in a complex technology area in record time."

For more information,visit Tejas Networks at http://www.tejasnetworks.comor contact Investor Relations: ir@india.tejasnetworks.com