Deals7 Feb 2025, 10:58 pm
Tejas Networks Ltd. Signs Technology Collaboration Agreements with NEC Corporation, Japan
AI Summary
Tejas Networks Ltd. has signed Technology Collaboration Agreements with NEC Corporation, Japan. The agreements are for the development of advanced wireless technologies for the global telecom industry. NEC will license their field proven Massive MIMO Radio, and 4G/5G converged core technology to Tejas. The collaboration aims to harness the potential of advanced telecom technologies globally.
Key Highlights
- Collaboration for the development of advanced wireless technologies for the global telecom industry.
- NEC to license their field proven Massive MIMO Radio, and 4G/5G converged core technology to Tejas.
- The collaboration aims to harness the potential of advanced telecom technologies globally.
- Approx. USD 60m (Approx. INR 525 Cr) payable over the next 1 year as per milestones.
- Opportunity to participate in NEC’s go-to-market efforts.