Tejas Networks successfully completes supply and deployment of over 40,000 GPON equipment for BharatNet Phase-1 project
Bengaluru, January 9, 2018: Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has successfully completed GPON equipment installations in over 40,000 gram panchayats in India as part of the BharatNet Phase-1 project. BharatNet is an ambitious Government of India project to bring high-speed broadband connectivity to 250,000 gram panchayats of the country. Tejas Networks was felicitated for its contribution to the success of BharatNet Phase-1 by Shri Manoj Sinha, Hon’ble Minister of State for Communications (Independent Charge) and Minister of State for Railways at a function organized by Bharat Broadband Network Limited (BBNL) at India Habitat Centre, New Delhi yesterday.
Speaking on the occasion, Hon’ble Minister Shri Manoj Sinha said, “I am very happy with the performance and commitment of Tejas Networks. They have done a commendable job in contributing to the success of Phase-I by supplying and installing their GPON equipment in a short period of time. It is a matter of pride that Bharatnet has been successfully implemented using indigenous products and technology and is a strong endorsement of our Government’s supportive policies for Make-in-India and using design-led manufacturing.”
Congratulating Tejas Networks for their role in the success of BharatNet Phase-1, Smt. Aruna Sundararajan, Secretary DoT and Chairman Telecom Commission said, “Tejas Networks is one of the most promising telecom product companies in India and the manner in which they have supported the rollout of this project has been outstanding and we hope to see this company achieve greater heights in the days to come.”
Mr. Sanjay Nayak, CEO & MD, Tejas Networks said, “We are honored to be a partner for Bharatnet, a prestigious project of Government of India, which will serve as the high-speed backbone of Digital India. Bharatnet is one of the largest greenfield rollouts of a GPON–based broadband network in the world and we are delighted that we have supplied and successfully deployed our GPON equipment in over 40,000 locations, spanning over 16 states spread across the country, in record time.” He further added, “Our GPON products have been completely designed and manufactured in India and Bharatnet is a great example of a successful public-private partnership that exemplifies Government of India’s “Digital India” and “Make-in-India” initiatives.”
Mr. Arnob Roy, President of Optical Products at Tejas Networks said, “We have been investing significant resources in R&D for creating world-class products that are specifically suited for India and other emerging markets. For the BharatNet project, we have used our award winning TJ1400 GPON product, which is a ruggedized equipment that can operate under challenging environmental conditions. It enables flexible, scalable and cost-effective delivery of both high-speed broadband access and packet transport services from the same platform.”
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Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defense and government entities in over 75 countries. Tejas products utilize programmable, software-defined hardware architecture with a common software code-base that delivers seamless upgrades of new features and technology standards. Tejas Networks is ranked among top-10 suppliers in the global optical aggregation segment and has filed over 349 patents.
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Certain Statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in Such forward-looking statements due to risks or uncertainties associated with our expectations with respect to, but not limited to, our ability to successfully implement our strategy and our growth and expansion plans, technological changes, our exposure to market risks, general economic and political conditions in India which have an impact on our business activities or investments, changes in the laws and regulations that apply to the industry in which the Company operates. The Company does not undertake to update any forward looking statements that may be made from time to time by or on behalf of the Company.