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Tejas Networks [BSE: 540595, NSE:TEJASNET] today announced the launch of its innovative, ultra-converged broadband access/edge product family which delivers wireline as well as wireless broadband services from a single integrated platform. The new broadband product family was unveiled by Mr. Anshu Prakash, Additional Secretary, Department of Telecom, Government of India at the Mobile World Congress (MWC), Barcelona.

The TJ1400 ultra-converged broadband product family provides an unmatched integration of multiple broadband access technologies: gigabit fiber broadband (GPON/NG-PON), fixed wireless broadband (4G/LTE eNodeB upgradable to 5G) and GE/10GE/100GE Business Ethernet services (CE2.0 certified) in highly compact, modular and energy-efficient platforms. In addition, the TJ1400 family also converges advanced packet transport technologies including OTN, PTN/MPLS-TP, Carrier Ethernet and IP to serve as a unified delivery platform for mobile backhaul, wholesale, enterprise and residential broadband services.

Speaking on the occasion, Mr. Anshu Prakash said, “We are proud that Tejas Networks has conceptualized, designed and developed the world’s most versatile and disruptive broadband product family through their R&D and technology innovation. Today’s launch of ultra-converged broadband platform by Tejas Networks is a great example of how R&D-driven Indian telecom equipment companies can create products that are best-in-class in technology, quality and cost-competitiveness, thereby being relevant for both developing as well as developed markets. This contribution of Tejas Networks is very significant in the context of India’s stated objective to become a global telecom equipment hub, especially in the new 5G world.”

Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are delighted to announce the launch of our state-of-the-art TJ1400 product family that provides the highest flexibility to any operator wanting to quickly and cost-effectively roll out broadband services on fibre as well as wireless. TJ1400 efficiently packs an unrivalled mix of broadband access and packet transmission features in the smallest possible footprint, thereby significantly lowering the cost of rolling out high-speed broadband networks in terms of both capex and opex.”

Mr. Arnob Roy, President–Optical Products of Tejas Networks said, “TJ1400 is a cutting-edge broadband product family that incorporates the latest advances in optical as well as wireless innovation. It delivers residential broadband, enterprise services and optical backhaul, together with broadband wireless capability, in one ultra-converged platform. Tejas is a pioneer in the use of programmable silicon to create innovative software-defined hardware™ products, that can be field-upgraded with new features, protocols and standards in a flexible, timely and pay-as-you-grow manner. We have invested significant resources in in-house R&D and IPR generation to create a powerful array of hardware building blocks and carrier-class software modules that enable rapid commercialization of new products.”

The TJ1400 ultra-converged broadband access/edge products are based on Tejas Networks’s carrier-grade and field-proven software and hardware technologies that have been successfully deployed in large global telecom networks around the world. Tejas’s GPON solution has been deployed in the world’s largest greenfield rural broadband rollout delivering high-speed Internet services to over 200 million people. Over 35,000 TJ1400 systems are powering optical and packet networks globally and are backhauling mobile data and voice traffic for several hundred million subscribers and delivering terabits of bandwidth to wholesale and enterprise customers.
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has signed a Memorandum of Understanding with Government of Kerala as its first telecom knowledge partner and is establishing a Center of Excellence (CoE) for next-generation telecom technologies in the state. The CoE, which is being set up in the new Integrated Startup Complex in Kochi, was inaugurated in the presence of Honorable Chief Minister of Kerala, Shri Pinarayi Vijayan, Smt. K.K. Shylaja Teacher, Hon. Minister for Social Justice and Health, Government of Kerala, Shri. M. Sivasankar IAS, IT Secretary, Government of Kerala by Shri Madhavan Nambiar IAS (Retd.), Chairman IIITM-K. Several senior dignitaries of Government of Kerala also graced the occasion.

Tejas CoE will focus on training, skills development and mentoring of college students, young entrepreneurs and high-potential electronics startups in the state. Senior technologists from Tejas will work closely with the faculty of leading engineering institutions in the state to develop a futuristic, industry-oriented telecommunication training and certification program. As part of the partnership, Tejas Networks also proposes to set up an advanced networking testbed for cutting-edge technologies such as terabit-scale optical communications, gigabit-scale broadband access, 5G and software-defined networking.

Speaking on the occasion, Shri M. Sivasankar, Secretary IT, Government of Kerala said, “We welcome Tejas Networks to Kerala, India’s first digital state with the highest e-literacy rate in the country. As India’s most successful deep technology product startup, Tejas is uniquely qualified to mentor high-technology entrepreneurs and startups in Kerala and help jumpstart the electronics industry in the state. Tejas Networks is a great example of the fact that it is indeed possible to design and manufacture innovative, high-quality world-class products from India and I was truly impressed to see the wide range of complex electronics products that the company has developed and displayed at the CoE today.”

Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are honoured to be associated as a telecom knowledge partner for Kerala, which has gained its well-deserved reputation as a leader in the ICT sector through its forward looking policies and digital initiatives. As a home-grown high-technology company, over the last two decades, we have been investing significant resources in indigenous R&D and have generated valuable IPR within the country. Kerala has emerged as a thriving ecosystem of talented entrepreneurs, startups and academic institutions and we are happy to share our first-hand experience, capabilities and expertise in the telecom arena to help nurture the local ICT industry in Kerala.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has received a purchase order of Rs. 111 Cr for Indian Navy’s country wide next-generation digital communications network from Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], a global data network solutions company. As a part of this order, Tejas Networks will supply its state-of-the-art terabit capacity DWDM systems and high-performance Layer-3 Multi Gigabit Ethernet switches, for this pan-India network.

The Indian Navy’s communication network is being built as a robust, highly secure, scalable and reliable digital highway for naval operations that will link multiple Indian naval offices and India-administered islands. As the master systems integrator, Sterlite Technologies has been awarded a long-term contract for design, execution, operations and maintenance of Indian Navy’s Digital Network.

Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are delighted to be a part of this prestigious communication project for the Indian Navy as a technology partner for Sterlite Technologies for DWDM and Layer-3 Multi Gigabit Ethernet switches. It is a matter of great pride that our designed-and-made-in-India DWDM products and Layer-3 Multi Gigabit Ethernet switches will be deployed in Navy’s network, which has long-term strategic significance for India. The order reinforces our technological and execution capabilities for building large and complex communication networks.”

Mr. K.S Rao, CEO – Telecom Services Business, Sterlite Technologies further added, “Tejas Networks is a leading Indian OEM that designs and manufactures world-class optical and data networking products. They have demonstrated capabilities in executing complex, carrier-grade and mission-critical networks. We are happy to work with Tejas Networks to execute this project of national importance.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that ICOSNET, one of Algeria’s leading Internet Service Providers (ISP), has chosen Tejas’ Converged Packet Optical (CPO) products to serve the growing demand for its high-speed Internet access and Virtual Private Network (VPN) offerings in the country. ICOSNET has deployed Tejas’ TJ1400 converged broadband access and optical aggregation platform at multiple Points of Presence (POP) within Algeria as well as in its international exchanges in London and Madrid.

Founded in 1999, ICOSNET is a full-service operator in Algeria holding ISP, Voice over IP (VoIP) and WiMax licenses with a large customer base that includes several Algerian companies and multinational groups established in Algeria. ICOSNET offers a comprehensive suite of telecommunications services to its blue-chip clientele that broadly covers connectivity, unified communications, data center hosting and related business solutions.

Mr. Ahmed Zerkouk, CTO at ICOSNET, said, “Over the past twelve months, we have been experiencing a dramatic rise in Internet and VPN traffic in our network that is driven by a faster adoption of higher-speed Fast Ethernet and Gigabit Ethernet connections by our enterprise customers. Tejas TJ1400 CPO is an innovative product that is designed to seamlessly scale to address our escalating capacity demands in a flexible and “pay-as-you-grow” manner. Moreover, as an MEF-certified CE2.0 compliant product, TJ1400 is purpose-built to carry SLA-driven premium and mission-critical enterprise data traffic with carrier-class availability and performance.”

“We are pleased to partner with ICOSNET as they enter into an exciting new phase of growth in their ISP business and expand their telecom offerings in Algeria beyond enterprise services into retail connectivity segment,” said Sanjay Nayak, CEO and MD of Tejas Networks. “Tejas TJ1400 is a unique platform that combines high-capacity PTN/OTN-based packet optical transmission with high-speed GPON-based fiber broadband in a dense and power-efficient chassis. TJ1400 is a best-in-class product that is ideally suited for service providers like ICOSNET that operate in high-growth telecom markets since it can deliver high-quality Internet access and business connectivity services in a scalable and cost-efficient manner,” he added.

Arnob Roy, President – Optical Products, Tejas Networks, said, “The demand for bandwidth from enterprises is growing by leaps and bounds due to growing adoption of cloud services and ongoing digital transformation. Tejas is emerging as a supplier of choice for new age service providers like ICOSNET due to our ability to leverage our unique software defined hardware™ that enables us to reduce time to market for new products, technologies and standards based on specific customer or market requirements.”

Yogesh Verma, Regional Director for Tejas Middle East, North Africa & West Africa, said, “We are thrilled to work with ICOSNET Broadband in their quest to provide better quality services to their customers. Broadband in Algeria is in the midst of a major transformation, and with this deployment ICOSNET will be able to grow its business by efficiently addressing their customers’ need for a higher capacity and faster broadband network.”
Tejas Networks [BSE: 540595, NSE: TEJASNET] today reported its financial results for the first quarter ended June 30, 2018. Tejas Networks designs, develops, manufactures and sells high-performance optical and data networking products, which are used to build highspeed communication networks over optical fiber.

For the quarter ended June 30, 2018, our consolidated revenues (net of taxes and pass-through component sale) were ₹ 232.0 crore which was a year-on-year growth of 16.0% and sequential growth of 135.1%. Operating profit was at ₹ 45.3 crore which was 19.5% of our revenues (net) as against 14.1% for Q1 2018. Our profit after tax was ₹ 45.0 crore which was a year-on-year increase of 120.3%. Our PAT as percentage of net revenue increased from 10.2% in Q1 2018 to 19.4% in Q1 2019.

Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We had a solid quarter of revenue and profitability growth. Our India business continues to show robust growth due to increased demand for data and Indian government’s focus in rolling out broadband networks. While we expect India to continue to be a large part of our business during this year, we see strong momentum in our international business, across South-East Asia, Africa, Mexico and USA. During the quarter, we received orders from seven new international customers. With a strong pipeline of orders and many active engagements, we are confident of strong growth this year.”

The increased use of data by consumers, businesses and governments results in an increased demand for our optical transmission equipment. The advent of 5G and IOT, densification of fiber networks and proliferation of cloud services, continues to provide a long-term growth opportunity for our business, since our customers need to enhance their network infrastructure.

Mr. Venkatesh Gadiyar, CFO said, “We made a good start to the year with strong revenue growth and increased profitability on account of higher gross margins. As a deep-technology company, we stay committed to invest in R&D, which has seen a year-on-year increase of 37% on a gross basis. We will continue to tightly manage our working capital and expect to see some improvement during the year. We have a strong balance sheet to support our growth and our cash and cash equivalents, including investment in liquid mutual funds and deposits with financial institutions, stood at

During the quarter, we were granted 2 patents resulting in a cumulative grant of 78 patents. As on date, we have filed for 342 patents. We also won the “Best Exporter Award” from Federation of Karnataka Chambers of Commerce and Industry.
Tejas Networks [BSE: 540595, NSE: TEJASNET] today announced that it has implemented a high-capacity 100G DWDM network for MCM Telecom in Mexico. MCM Telecom is a premier enterprise service provider offering corporate internet, unified communications, dedicated links, data center and hybrid cloud services.

Founded in 1996, MCM Telecom has been operating one of the most sophisticated telecom networks in Mexico offering high-performance telecom services exclusively for businesses. In 2004, MCM was the first telephony provider in Mexico to offer advanced VoIP services in a cloud model, using carrier-class infrastructure. MCM is one of the most innovative telecom companies in Mexico with several firsts to its credit that includes the first provider in Mexico to have a fully Gigabit Ethernet MAN, the first to deliver layer 2 and layer 3 transport, and the first to deliver 10 Gbps and 100 Gbps ports to clients.

“As a premier provider of telecommunication services to businesses in Mexico, we seek to partner with vendors offering cutting-edge technology solutions to evolve our state-of-the-art networks and deliver new high-value service offerings. After evaluating multiple equipment vendors we picked Tejas Networks for both our Metro and Inter-city optical network rollouts across Mexico. Tejas has an innovative Converged Packet Optical (CPO) portfolio enabling the delivery of a versatile mix of resilient and high-quality MEF CE2.0 services for connectivity.” said Mr. Mark Hilton, COO of MCM Telecom.

“With the emergence of cloud-based applications and massive web-scale data centers, service providers are witnessing a surge in demand for high-capacity and ultra-reliable connections from enterprises,” said Sanjay Nayak, CEO and MD, Tejas Networks. “We are delighted to work with MCM in building a world-class optical infrastructure that can fully meet their evolving network requirements. We see exciting growth opportunities in Mexico and we are deepening our commitment to the market with additional investments.”

Kumar Sivarajan, ‎Chief Technology Officer, Tejas Networks, added, “Enterprise demand for ubiquitous and ultra-fast connectivity has never been stronger. Growing adoption of video and digitalization of businesses is accelerating this trend and calls for advanced network solutions. Tejas offers a versatile suite of packet optical products that enable highly scalable and agile networks with low lifecycle cost of ownership which are a perfect fit for telcos experiencing unprecedented traffic growth in their networks.”
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