LONDON, Oct. 18, 2023 /PRNewswire/ — Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that FibreConnect, an innovative wholesale telecommunications infrastructure developer in Italy, has successfully launched its broadband services in the country using its latest generation networking and telecommunications products. The company added that it is the sole provider of optical networks and broadband access products for FibreConnect’s nationwide FTTP (fiber to the premises) deployment, ranging from DWDM/PTN/OTN for Core to xPON and Ethernet for Access. Based on a unique business model built around partnerships with regional ISPs (Internet Service Providers) and retailers, FibreConnect targets industrial areas in Italy that currently lack broadband infrastructure to support the ‘Transition 4.0’ plan of the Italian government to promote the digital transformation of its manufacturing sector.
Renzo Ravaglia, Executive Chairman and CEO of FibreConnect, commented: “FibreConnect is delighted to partner with Tejas Networks on this transformative network deployment that seeks to close the digital divide for small and medium-sized businesses in Italy and extend the benefits of Internet connectivity. high speed to unserved businesses and industries across the country through its ISP partners. Tejas Networks’ innovative solutions such as its enterprise-grade Type-C protection switching on ONT, 2.5G GPON ONT, converged “knife” architecture Swiss” for multi-service access and a novel interaction of PTN and OTN technologies in the backbone allow us to provide the highest level of service to our customers in a cost-effective manner. Despite the macroeconomic challenges against, Tejas Networks fully met our expectations of timely delivery, high quality and prompt customer support to get this network up and running successfully and on schedule.”
Anand Athreya, CEO and President of Tejas Networks, explained: “We are delighted that FibreConnect has chosen to build the entire network in Italy using our carrier-class optical and broadband access products. It also marks our emergence as a leading provider. comprehensive of world-class telecommunications equipment, this victory also demonstrates growing confidence among global telecommunications companies in our ability to design and run complex, large-scale networks, from the access to the core.”
Indranil Sen, Chief Revenue Officer (UK & EU), Tejas Networks, said: “By building a unique supplier network based on Tejas products, FibreConnect can leverage the true strengths and benefits of our innovative portfolio to develop advanced applications and create services. differentiated for their customers. FibreConnect’s unique business model, combined with our experience in building next-generation programmable networks, could prove to be a potential game-changer for the Italian telecommunications industry and can also be replicated in other parts of Europe.” .
About Tejas Networks Limited
Tejas Networks Ltd. designs and manufactures high-performance wired and wireless networking products for telecommunications service providers, Internet service providers, utilities, defense and government entities in more than 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.
For more information, please visit Tejas Networks Ltd. at http://www.tejasnetworks.com or contact Investor Relations: ir@india.tejasnetworks.com
About FibreConnect
FiberConnect S.p.A. was born in 2022 from the intuition of expert professionals who have been operating in the TLC sector for many years to provide connectivity services through a reliable and high-performance fiber optic network, according to a Wholesale Only model. FibreConnect’s mission is to enable the capacity for innovation and sustainable development of SMEs located in the AIA, which make up the Italian business fabric, allowing them to access ultra-broadband connectivity services. For more information, visit https://www.fibreconnect.it/
Investor Relations Contact: Santosh Kesavan, ir@tejasnetworks.com, 91-8041794600
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