Tejas Networks Wins Contract to Supply 5G Massive MIMO Radios with NEC Corp
Tejas Networks has partnered with NEC Corporation to manufacture and supply 5G massive MIMO radios. This agreement aims to diversify the supply chain and mitigate customer risks. Both companies will collaborate on developing advanced 5G solutions for global telcos, expanding Tejas Networks' international business.
Securing a contract to supply 5G massive MIMO radios with a major player like NEC Corporation, coupled with the goal of supply chain diversification and international business expansion, is expected to have a significant positive impact on Tejas Networks' revenue and market position.
The announcement details a new contract win and a strategic partnership with NEC Corporation for manufacturing and supplying 5G massive MIMO radios, which is a positive development for the company's business expansion and technological advancement.
Tejas Networks Limited has announced a significant agreement with NEC Corporation for the manufacturing and supply of 5G massive MIMO radios. This collaboration aims to enhance supply chain diversification, thereby mitigating risks for customers by fostering a resilient and flexible globalized ecosystem.
Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, highlighted that this milestone deepens their partnership with Tejas Networks for 5G massive MIMO radio and contributes to supply chain diversification. Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, stated that the partnership with NEC will accelerate wireless innovation by combining their expertise in carrier-class product development for global telcos. He added that they will continue to work closely with NEC to co-create cutting-edge 5G/5G-Advanced solutions.
Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks, expressed delight in winning this deal in partnership with NEC as they expand their international business. He looks forward to building on this momentum and replicating this success in other 4G/5G mobile networks across emerging and established markets. Tejas Networks is a leading manufacturer of a versatile mobility product suite, including 4G and 5G radio access network (RAN) offerings, such as high-capacity 32TR and 64TR massive MIMO radios compliant with both 3GPP and O-RAN standards. Tejas Networks is part of the Tata Group, with Panatone Finvest Ltd. as the majority shareholder.
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Tejas Networks Limited filed this with the NSE as a statutory disclosure, categorised under new orders. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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