The company, which started its operation as product business, has emerged as successful product company with revenue of Rs 620 crore.
Briefing reporters, CEO & Managing Director Sanjay Nayak said “We have presence in more than 50 countries and are happy that being a product company we made huge strides to transform ourselves into one of the major player in network business.”
He said the new product range will help service providers seamless transition from 2G network serving all voice traffic to a 3G/4G network serving data traffic with less operating cost. Asked initial public offering plans, he said, “we are at it but time frame has not been fixed.”
Chairman Gururaj Deshpande said “Tejas is an example how Indian product companies can be successful. Indian companies should innovate for domestic market and develop high quality cutting edge products relevant for global market.”
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