Tejas Networks shares rally 5% after strategic tie-up with Rakuten Symphony

Shares of Tejas Networks rallied 5% to their day’s high of ₹732.30 on the BSE on Thursday, June 26, following the announcement of a strategic partnership with Japan-based Rakuten Symphony.

“Rakuten Symphony and Tejas Networks, a Tata Group company, today 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,” the company said in an exchange filing.

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