Masterstroke by Noel Tata, this Ratan Tata’s company gets Rs 29030000000 order from.., can challenge Mukesh Ambani’s…
GH News May 21, 2025 05:06 PM

Tata Consultancy Services (TCS) announced that it has secured an additional Advance Purchase Order (APO) of Rs 2903 crore from the state-owned telecom company BSNL. The order is for planning engineering supply installation testing commissioning and annual maintenance of 4G mobile network at 18685 sites TCS said in a regulatory filing.
If BSNL gets 4G services developed with the help of TCS it can give tough competition to Mukesh Ambanis Jio in telecom sector.
TCS said that detailed purchase orders will be issued by Bharat Sanchar Nigam Limited (BSNL) to the company in due course subject to fulfilment of certain conditions and documentation as mentioned in the APO.
Tejas Network said that it has received an order from TCS for the supply of goods and services for BSNLs 4G project. In an exchange filing Tejas Network said that it will supply Radio Access Network (RAN) and other equipment worth Rs 1525.53 crore to TCS for this project.
TCS CEO K K Krithivasan had said BSNL contract is 70 percent complete which means that its revenue impact will start tapering from Q4 itself. Were looking for multiple opportunities to compensate the revenue gap from this contract.
In April TCS reported a 2 percent on-year fall in consolidated net profit to Rs 12224 crore over the current challenges faced by the IT sector globally. TCS’ consolidated revenue from operations increased 5.3 percent year-on-year to Rs 64479 crore in the quarter ending March as against Rs 61237 crore in the same quarter a year ago.
(With Inputs From PTI)