India's Tejas Networks gains after Rakuten tie-up

Rakuten

26/06/2025 09:04

** Shares of telecom infra provider Tejas Networks TEJS.NS rises 3.3% to 720.7 rupees, their biggest one-day pct gain in more than a month

** Co ties up with Rakuten Symphony to develop integrated Open RAN solutions—an open, flexible way to build mobile networks

** Collaboration to combine cloud-native software with advanced 4G/5G radio technology

** More than 3.8 mln shares traded, nearly 3x the 30-day avg

** Stock down 39% YTD

 (Reporting by Aleef Jahan in Bengaluru)

 ((aleefjahan.cs@thomsonreuters.com))