This deal will be a shot in the arm for India’s largest software exporter coming at a time when its major markets such as US and Europe are slowing down.
This deal will see TCS will undertake the deployment of 4G network across India for BSNL, the company 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 Networks (RAN) equipment.
Along with TCS, the APO was also issued to state-run ITI Ltd for this project. According to analysts, about 20 percent of the deal value will go to ITI.