Tejas Networks shares jump 12%– Signs deal with NEC for 5G massive MIMO radios

Tejas Networks shares jumped 12% after the company signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.

Tejas Networks said in the regulatory filing that, under the agreement, it will manufacture carrier-grade 5G massive MIMO radios for NEC.

Co-creating next-generation 5G solutions

Arnob Roy, Chief Operating Officer and Executive Director of Tejas Networks, said the partnership will speed up innovation in wireless technologies.

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