Tejas Networks Rides High on Partner's Italian Broadband Service Debut

18 Oct, 2023

Tejas Networks Rides High on Partner's Italian Broadband Service Debut

On the morning of October 18, Tejas Networks witnessed a significant surge of 7.3%, reaching a record high of Rs 939 on the BSE. This surge was driven by an announcement that its Italian partner, FibreConnect, had successfully launched broadband services in Italy, utilizing Tejas Networks' telecom and networking solutions.

In an official exchange filing made on October 17, Tejas Networks disclosed that it had exclusively supplied optical networking and broadband access products for FibreConnect's nationwide FTTP (fiber-to-the-premise) deployment. FibreConnect is a key player in Italy's wholesale telecom infrastructure sector.

Anand Athreya, the Chief Executive Officer and Managing Director of Tejas Networks, expressed his delight at FibreConnect's decision to construct the entire network in Italy using Tejas' carrier-class optical and broadband access solutions. This accomplishment not only underlined Tejas Networks as a prominent end-to-end provider of world-class telecom equipment but also showcased the growing confidence of global telecommunications companies in Tejas' ability to design and execute intricate and large-scale networks, spanning from access to core.

Tejas Networks specializes in the design and manufacturing of high-performance wireline and wireless networking products. Their client base encompasses telecommunications service providers, internet service providers, utilities, defense organizations, and government entities in more than 75 countries.