Tata Group's Tejas Networks shares jump 5% as company announces partnership with Rakuten Symphony; check details

The companies announced a multi-faceted strategic partnership to develop integrated Open RAN solutions and engage in joint go-to-market efforts, both in India and internationally.

Open RAN, or open radio access network, is an ongoing shift in mobile network architectures that enables service providers to use non-proprietary subcomponents from a variety of vendors.

"The companies will collaborate to integrate Rakuten Symphony’s CU and DU software, OSS, and cloud portfolio with Tejas’s extensive, proven 4G/5G radio portfolio and explore opportunities for the deployment and expansion of 4G and 5G networks worldwide, including in India, leveraging commercial and technical synergies, as well as collaborative engagement strategies," the press release added.

Tejas Networks Ltd. designs and manufactures high-performance wireline and wireless networking products for telecommunications service providers, internet service providers, utilities, and defence and government entities in over 75 countries. Tejas Networks Ltd. is a part of the Tata Group, with Panatone Finvest Ltd. (a subsidiary of Tata Sons Pvt. Ltd.) being the majority shareholder.

What companies' management said

Kumar N. Sivarajan, CTO and Co-founder, Tejas Networks, said, “Through this partnership with Rakuten Symphony, we intend to combine our field-proven RAN infrastructure solutions with Rakuten’s resilient cloud-native RAN software stack and orchestration solution to provide a compelling solution to the global market.”

Sharad Sriwastawa, President, Rakuten Symphony, said, “Rakuten Symphony is excited to partner with Tejas Networks, a company that shares our vision of increasing interoperability and openness in telecom. By combining Rakuten Symphony’s cloud-native software and orchestration capabilities with Tejas Networks’ proven radio technology, we hope to deliver open, flexible and high-performing network solutions that meet the demands of today’s rapidly evolving telecom landscape.”

Rakuten Symphony has operations in Japan, the United States, Singapore, India, Europe and the Middle East Africa region.