In a regulatory filing, Tejas Networks said it has signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios. This partnership is a significant step in expanding our global footprint in next-generation telecom infrastructure, the company added.
Massive MIMO (Multiple Input Multiple Output) is a critical 5G technology that deploys dozens or even hundreds of antennas at base stations to transmit and receive data simultaneously. The technology significantly improves network capacity, spectral efficiency and coverage by directing focused, narrow beams to users instead of broadcasting signals broadly.
Masayuki Kayahara, Corporate Senior Vice President of the Global Network Division at NEC Corporation, said the agreement strengthens the companies’ collaboration in 5G Massive MIMO radios and supports supply-chain diversification, helping mitigate risks for customers by building a resilient and flexible global ecosystem.
Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, said the partnership will accelerate wireless innovation by leveraging both companies’ expertise in carrier-class product development for global telecom operators. He added that the companies aim to co-develop advanced 5G and 5G-Advanced solutions to meet evolving customer needs worldwide.
Sanjay Malik, Chief Strategy and Business Officer of Tejas Networks, said the deal would boost the company’s international expansion plans and expressed confidence in replicating this success across 4G and 5G networks in both emerging and developed markets.
Tejas Networks manufactures a comprehensive mobility product portfolio, including 4G and 5G Radio Access Network (RAN) solutions such as high-capacity 32TR and 64TR Massive MIMO radios compliant with 3GPP and O-RAN standards.On the valuation front, the stock trades at a Price-to-Sales (P/S) ratio of 1.53 and a Price-to-Book (P/B) ratio of 1.71.
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From a technical perspective, Trendlyne data shows the stock’s 14-day Relative Strength Index (RSI) stands at 59.2. An RSI below 30 is typically considered oversold, while an RSI above 70 is viewed as overbought. The stock is currently trading above five of its eight simple moving averages (SMAs), indicating a bullish trend.
In the December 2025 quarter, Foreign Institutional Investors (FIIs) trimmed their stake marginally from 6.24% to 5.95% in Tejas Networks. Meanwhile, mutual funds slightly increased their holdings from 3.95% to 3.96%, reflecting selective institutional interest.
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