• Investment World
• eWorld
• Catalyst
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources

Group Sites

• The Hindu
• Business Line
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Bangalore , June 15

OPTICAL networking products company Tejas Networks announced on Tuesday that it has signed up a technical collaboration agreement with the state-owned ITI Ltd for its TJ100 series of next generation SDH (synchronous digital hierarchy) products.

The tie-up encompasses a combination of transfer of technology from Tejas to ITI in phases for manufacturing optical networking products and marketing of the same.

The optical networking products from Tejas enable telecom carriers to build converged networks that support traditional voice-based services as well as the new data-denominated services.

Speaking to newspersons, Mr Sanjay Nayak, co-founder and CEO, Tejas Networks, said with this tie-up the company expected to enhance its share in the Indian optical transmission market to 30 per cent in a couple of years from the current 10 per cent.

Tejas, which clocked revenues of Rs 30 crore last year, expects a significant jump in earnings, which are likely to exceed Rs 100 crore this year, Mr Nayak said.

"There will be tremendous demand to expand the optical networks forming the foundation of all telecommunication services. Globally, next generation SDH is the choice for building these next generation optical networks, which seamlessly carry voice, data and video traffic simultaneously," he added.

Mr Nayak said that the company was in talks with the big five equipment manufactures to target the global market. "The company has raised $14 million in equity funding till now from Dr Gururaj Deshpande of Sycamore Networks, Intel Capital, IL&FS Investment Managers and ASG Omni.

More Stories on : Alliances & Joint Ventures | Telecommunications

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Nokia, Nortel set to bag BSNL contract

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line