Rakuten Symphony and Tejas Networks announce partnership to drive Global Expansion through Interoperable 5G Solutions

Rakuten Symphony and Tejas Networks, a Tata Group company, today announced a multi-faceted strategic partnership to develop integrated Open RAN solutions and engage in joint go-to-market efforts, both in India and internationally.

The companies will collaborate to integrate Rakuten Symphony's CU and DU soKware, OSS, and cloud portfolio with Tejas's extensive, proven 4G/5G radio portfolio and explore opportunities for the deployment and expansion of 4G and 5G networks worldwide, including in India, leveraging commercial and technical synergies, as well as collaborative engagement strategies.

Sharad Sriwastawa, President, Rakuten Symphony, said, "Rakuten Symphony is excited to partner with Tejas Networks, a company that shares our vision of increasing interoperability and openness in telecom. By combining Rakuten Symphony's cloud-native software and orchestration capabilities with Tejas Networks' proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of today's rapidly evolving telecom landscape."

Kumar N. Sivarajan, CTO and Co-founder, Tejas Networks, said, "Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakuten's resilient cloud native RAN soKware stack and orchestration solution, to provide a compelling solution to the global market."

Rakuten Symphony, through its collaboration with Rakuten Mobile who applies achievements obtained from key research and development projects subsidized by the NEDO (New Energy and Industrial Technology Development Organization) program, remains committed to leading Open RAN innovation, and the development of automated network quality assurance systems and edge cloud capabilities for next-generation communication networks of the future.

Shares of Tejas Networks Limited was last trading in BSE at Rs. 697.20 as compared to the previous close of Rs. 703.05. The total number of shares traded during the day was 85950 in over 3538 trades.

The stock hit an intraday high of Rs. 704.00 and intraday low of 695.00. The net turnover during the day was Rs. 60061684.00.

Source : Equity Bulls

Keywords

TejasNetworks INE010J01012 RakutenSymphony StrategicPartnership OpenRANSolutions