16 Mar , 2026 By : Debdeep Gupta
Tejas Networks Ltd shares rose up to 8% on March 16 after the company said it received an order for its "state-of-the art" 4G radio access network solutions from a mobile network in South Asia. The company's multiband radio products will be deployed at multiple locations across the mobile operator's network. The network expansion project marks an important step in growing Tejas' international wireless client base, the company said in an exchange filing.
"We are proud to announce further progress in our pursuit to expand our international wireless business and in taking our 4G/5G mobility stack global. We look forward to growing our presence in the customer's network while replicating this success in other 4G/5G mobile networks, both in India and across the globe," Sanjay Malik, chief strategy and business officer of Tejas Networks, said in the press release.
At 10:11 am on March 16, Tejas Networks shares were trading 4% higher at Rs 441.8 apiece. The stock rose nearly 40% in the last two weeks.
Kumar N. Sivarajan, Chief Technology Officer of Tejas Networks said, “By inducting Tejas as their new wireless OEM, our South Asian customer now has a trusted and proven technology partner capable of addressing diverse network requirements while benefiting from greater vendor diversity. We are fully committed to support them with innovative and well-differentiated solutions to optimally meet their network performance and user experience objectives.”
Recently, the firm announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive multiple-input multiple-output radios.
This partnership will accelerate wireless innovation by using Tejas Networks' expertise in carrier-class product development for global telecommunication companies, the firm said.
Tejas Networks is a manufacturer and supplier of a versatile mobility product suite comprising 4G and 5G radio access network (RAN) offerings, including high-capacity 32TR and 64TR massive MIMO radios that comply to both 3GPP and O-RAN standards.
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