Pace Digitek Ltd secures ₹185.87 Crore Operation & Maintenance Order from Tata Teleservices

Pace Digitek Limited, a leading provider of telecom infrastructure solutions-including telecom tower infrastructure and optical fiber cable networks-is pleased to announce the award of a significant Operation and Maintenance (O&M) contract valued at ₹185.87 crore from M/s Tata Teleservices Limited starting Oct'2025.

This entrusts Pace Digitek with full O&M responsibilities for the complete Managed Services including Outside Plant (OSP) Fiber Network Field Operations and Inside Plant (ISP) Operations across five Indian states-Andhra Pradesh, Telangana, Karnataka, Kerala, and Tamil Nadu. The contract is for an initial term of 3.5 years, with the possibility of extension upon mutual agreement.

The company, known for offering end-to-end turnkey services such as manufacturing, installation, commissioning, tower erection, and optical fibre cable laying, recently commissioned a battery energy storage plant in Bangalore and continues to expand its turnkey project portfolio.

Speaking on the development, Mr. Rajiv Maddisetty - Whole-time Director, PACE Digitek Limited said "We are immensely proud and honored that Tata Teleservices has entrusted us with this critical Operation and Maintenance contract. This is a testament to the trust we have built and the value we deliver in the telecom infrastructure space. We at Pace Digitek are fully committed and ensure our complete support to this great collaboration with Tata Teleservices and deliver the best-of-best services."

Shares of Pace Digitek Limited was last trading in BSE at Rs. 215.75 as compared to the previous close of Rs. 209.45. The total number of shares traded during the day was 419004 in over 7354 trades.

The stock hit an intraday high of Rs. 222.70 and intraday low of 210.00. The net turnover during the day was Rs. 91150368.00.

Source : Equity Bulls

Keywords

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