TCS-led consortium secures Rs 15,000 crore 4G deployment order from BSNL
The Bharat Sanchar Nigam Ltd. has awarded the order for the deployment of 4G network across the country to a TCS-led consortium.
The Indian government-owned telecom major Bharat Sanchar Nigam Ltd. (BSNL) has awarded the order for the deployment of a 4G network across the country to a Tata Consultancy Services Ltd. (TCS)-led consortium.
In a regulatory filing, the TCS said: “The consortium led by Tata Consultancy Services Limited has received an advance purchase order valued over Rs 15,000 crore from BSNL, a 100 per cent government of India-owned public sector undertaking, for the deployment of a 4G network across India.”
The 4G deployment for BSNL will be another major Indian government project for TCS as it manages the Passport Seva Programme.
With this, the company will be undertaking the deployment of a 4G network across India for BSNL, as confirmed in regulatory filings on BSE.
The consortium includes Tata Group’s telecom gear-making company, Tejas Networks, which will be responsible for supplying and servicing the Radio Access Network (RAN) equipment.
TCS is the largest software exporter and typically books over 5 per cent of its revenue domestically. The TCS scrip was trading 0.77 per cent higher at Rs 3,246.55 a piece at 1045 hrs on the BSE, as against gains of 0.32 per cent on the benchmark.
(Inputs from IANS)