TCS up 1% as consortium bags Rs 15,000-cr order from BSNL for 4G deployment
Tata Consultancy Services has won an advance purchase order from state-owned BSNL (Bharat Sanchar Nigam Ltd) for the deployment of a 4G network across India. In an exchange filing, the Tata Group company said that the advance purchase order from BSNL is valued over Rs 15,000 crore.
Tejas Networks Ltd, too, is a part of the TCS-led consortium that successfully bid for the BSNL pan-India 4G project. BSNL has issued Advance Purchase Order (APO) to TCS as well as ITI for this project.
“As a part of the consortium, Tejas Networks will supply and service the Radio Access Networks (RAN) equipment,” the company said in its filing.