Overview
- TCS has received an advance purchase order worth Rs 2,903.22 crore from BSNL to plan, deploy, and maintain a 4G network at 18,685 sites across India.
- This order supplements an existing Rs 15,000 crore deal between TCS and BSNL to establish data centers and 4G infrastructure, paving the way for future 5G upgrades.
- Tejas Network, a TCS subcontractor, has been tasked with supplying radio access network (RAN) and related equipment worth Rs 1,525.53 crore for the project.
- BSNL will issue detailed purchase orders to TCS after certain conditions and documentation requirements outlined in the APO are fulfilled.
- TCS shares rose approximately 1% following the announcement, reflecting investor optimism despite ongoing industry-wide margin pressures.