Tejas Networks shares jump 3% after strategic partnership with Rakuten Symphony
By Aman Shukla Published on June 26, 2025, 09:43 IST
Tejas Networks shares jumped 3% in morning trade after the company announced a strategic partnership with Rakuten Symphony to co-develop integrated Open RAN solutions. As of 9:42 AM, the shares were trading 3.38% higher at Rs 721.00.
Tejas Networks, a Tata Group company, will work closely with Rakuten Symphony to combine its 4G and 5G radio product portfolio with Rakuten's CU/DU software, OSS, and cloud solutions.
The collaboration aims to offer end-to-end Open RAN platforms and expand global and domestic deployments of next-generation wireless networks. Both companies will explore joint go-to-market strategies and leverage each other's strengths to enhance 4G and 5G rollout capabilities worldwide, including in India.
This partnership also aligns with Rakuten Symphony's broader mission of driving Open RAN innovation. With technical insights from Rakuten Mobile and backed by R&D initiatives under Japan's NEDO program, Rakuten continues to lead in developing advanced automated network quality assurance and edge cloud systems.
The alliance is expected to unlock commercial and technical synergies, helping both firms deliver cost-efficient, scalable, and future-ready communication infrastructure. Investors reacted positively to the development, pushing Tejas Networks shares higher in early trading.
As Open RAN gains global traction, this partnership marks a key step forward for Tejas Networks in strengthening its global presence and enhancing product innovation in the competitive telecom space.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
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Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
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