TCS gets ₹2,903-crore add-on order from BSNL for 4G expansion

India’s largest IT services firm Tata Consultancy Services (TCS) on Wednesday announced that the company has won an add-on Advance Purchase Order (APO) worth ₹2,903 crore from state-owned telco Bharat Sanchar Nigam Limited (BSNL) for works related to its 4G mobile network.

In an exchange filing the IT major said that the add-on APO is associated with the planning, engineering, supply, installation, testing, commissioning and annual maintenance of BSNL's 4G mobile network at 18,685 sites.

Tejas Network meanwhile said that it has received an order from TCS for the supply of goods and services for BSNL's 4G project. In an exchange filing, Tejas Network said that it will supply Radio Access Network (RAN) and other equipment worth ₹1,525.53 crore to TCS for this project.

TCS added that more details about the purchase order will be issued by BSNL in due course after certain conditions and documentation are completed, as mentioned in the APO.

Notably, TCS is already a part of a ₹15,000-crore deal with BSNL which sets up data centres and 4G infrastructure nationwide, with plans to support future 5G rollout.

TCS CEO K. Krithivasan said earlier this year that around 70% of the original BSNL contract had been completed, indicating a tapering revenue impact from the deal starting in the fourth quarter. He added that the company is actively exploring new opportunities to bridge the revenue gap.

In April, TCS reported a 2% year-on-year (YoY) decline in consolidated net profit to ₹12,224 crore for the quarter ended March, citing macroeconomic challenges. Revenue from operations rose 5.3 per cent to ₹64,479 crore from ₹61,237 crore a year earlier.