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Tejas Networks shares jump 26% in 2 days after winning 5G Massive MIMO contract
The Economic Times· 2026-02-27 05:27
In a regulatory filing, Tejas Networks said it has signed an agreement with NEC Corporation to manufacture and supply 5G Massive MIMO radios. This partnership is a significant step in expanding our global footprint in next-generation telecom infrastructure, the company added.Massive MIMO (Multiple Input Multiple Output) is a critical 5G technology that deploys dozens or even hundreds of antennas at base stations to transmit and receive data simultaneously. The technology significantly improves network capa ...
Tejas Networks, Japan's NEC Corporation sign deal to manufacture and supply 5G MIMO radios
The Economic Times· 2026-02-26 14:03
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Tejas Networks wins contract to supply 5G Massive MIMO Radios
BusinessLine· 2026-02-26 08:17
BENGALURU, India, Feb. 26, 2026 /PRNewswire/ -- Tejas Networks (BSE: 540595) (NSE: TEJASNET) today announced that it has signed an agreement with NEC Corporation to manufacture and supply 5G massive MIMO radios.Masayuki Kayahara, Corporate Senior Vice President of Global Network Division at NEC Corporation, said, “Today’s milestone furthers our collaboration with Tejas Networks for 5G massive MIMO radio and to achieve supply-chain diversification which helps in mitigating risks to our customers by building ...
Tejas Networks share price rocket 10%, snap 4-day losing streak. What’s triggering the massive surge?
The Economic Times· 2026-02-26 05:40
MIMO (Multiple-Input Multiple-Output) is a wireless technology that boosts data speed and signal reliability by using multiple antennas at both the transmitter and receiver, rather than just one.Tejas Networks is a leading manufacturer and supplier of a versatile mobility product suite comprising 4G and 5G radio access network (RAN) offerings, including high-capacity 32TR and 64TR massive MIMO radios that comply with both 3GPP and O-RAN standards.Sanjay Malik, Chief Strategy and Business Officer of Tejas N ...
Palmprint Payment Market Projected at USD 3.57 Billion by 2035, Driven by Rising Demand for Secure Contactless Transactions | SNS Insider
Globenewswire· 2026-02-12 05:03
Core Insights - The Palmprint Payment Market is projected to grow from USD 1.30 Billion in 2025 to USD 3.57 Billion by 2035, with a CAGR of 10.64% during 2026–2035 [1][2] Market Overview - The palmprint payment market is expanding rapidly due to increasing demand for simple, contactless, and secure payment options, offering higher accuracy and fraud resistance compared to traditional payment systems [2] - The U.S. palmprint payment market is expected to grow from USD 0.30 Billion in 2025 to USD 0.71 Billion by 2035, with a CAGR of 9.12% during 2026–2035, driven by security concerns and the need for fraud-proof payment solutions [3] Segmentation Analysis - **By Deployment Mode**: Cloud-Based solutions dominate with a 56.80% market share in 2025 and are the fastest-growing segment due to scalability and strong enterprise adoption [4] - **By Technology**: Cloud-Based Solutions hold a 41.50% share in 2025 and are also the fastest-growing segment, driven by ease of integration and widespread adoption [5] - **By Application**: E-commerce Transactions lead with a 31.00% share in 2025, fueled by online retail growth and consumer preference for contactless payments [8] - **By End-Use**: Large Enterprises account for 30.50% of the market in 2025, while Government Institutions are the fastest-growing segment due to the implementation of secure biometric payment systems [9] Regional Insights - North America holds a 34.50% share of the global palmprint payment market in 2025, supported by advanced digital infrastructure and high adoption of biometric solutions [10] - The Asia Pacific region is experiencing strong growth at a CAGR of 14.08% during the forecast period, driven by digital payment adoption and government initiatives for cashless transactions [11] Market Drivers - The rising demand for contactless authentication is propelling market expansion globally, as consumers and businesses seek secure and efficient payment solutions [12]
T-Mobile Expands Long-Term Partnership With Netcracker for Cloud Platform to Facilitate Digital-First Services
Businesswire· 2026-01-14 11:00
Core Insights - T-Mobile has expanded its partnership with Netcracker Technology to implement a cloud-native digital platform, enhancing speed, scale, and flexibility for its partners and customers [1][2]. Group 1: Partnership Expansion - The collaboration between T-Mobile Wholesale and Netcracker has been successful over the years, allowing wholesale customers to quickly launch and adapt new offerings in a dynamic market [2]. - The shift to a cloud-native platform is expected to help T-Mobile's partners realize new revenue streams more rapidly and securely [2]. Group 2: Digital Solutions - Netcracker's digital BSS/OSS and cloud solutions provide T-Mobile with tools to simplify onboarding and streamline operations, enabling digital-first business models [3]. - The digital ecosystem is designed to reduce service launch cycles from months to weeks while ensuring strong security and privacy protections [3]. Group 3: Future Opportunities - The partnership aims to support T-Mobile's growth strategies by combining cloud scale, analytics, and automation, which are essential for delivering digital-first services [4]. - As the industry moves towards cloud-based platforms, this collaboration positions T-Mobile and Netcracker to capitalize on future opportunities in AI-driven personalization, advanced 5G monetization, and IoT services [4].
CSG Systems Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of CSG Systems International, Inc. - CSGS
Prnewswire· 2026-01-07 19:50
Core Viewpoint - The proposed sale of CSG Systems International, Inc. to NEC Corporation is under investigation to assess whether the offered price of $80.70 per share adequately reflects the company's value [1]. Group 1 - CSG Systems International, Inc. shareholders are set to receive $80.70 in cash for each share they own as part of the proposed transaction [1]. - The law firm Kahn Swick & Foti, LLC is investigating the adequacy of the sale price and the process leading to this valuation [1]. - The investigation aims to determine if the proposed consideration undervalues CSG Systems International, Inc. [1].
Global Tensions Escalate as Taiwan Rocked by Quake, Iran Declares “Comprehensive War,” and NEC Exits 5G Development
Stock Market News· 2025-12-27 16:08
Key TakeawaysTaiwan was hit by a powerful 7.0-magnitude earthquake late Saturday, marking the second significant seismic event this week, though initial reports indicate no major damage.Iranian President Masoud Pezeshkian declared his country is facing a "comprehensive war" waged by the United States, Europe, and Israel, signaling a dramatic escalation in geopolitical rhetoric.NEC (6701.T) has ceased its 4G and 5G base station development efforts, a strategic retreat attributed to its shrinking market share ...
Bank of America resets Broadcom stock price target
Yahoo Finance· 2025-12-12 21:38
Core Insights - Broadcom's Q4 revenue increased by 28% year-over-year to $18 billion, with GAAP net income rising 97% to $8.5 billion and adjusted EBITDA reaching $12.2 billion, or 68% of revenue, up 34% year-over-year [4][6]. Financial Performance - Q4 revenue: $18 billion, up 28% YoY [4][6] - GAAP net income: $8.5 billion, up 97% YoY [6] - Adjusted EBITDA: $12.2 billion, 68% of revenue, up 34% YoY [6] - GAAP diluted EPS: $1.74, up 93% YoY [6] - Pro forma EPS estimates for fiscal years 2026-2027 raised by 8% to $10.33 and $14.40 respectively [4]. Customer and Market Developments - Broadcom confirmed Anthropic as its fourth customer with an additional $11 billion in orders for late 2026 delivery [5]. - A fifth customer is designing its own custom ASIC with a $1 billion initial delivery order in 2026 [5]. - Partnership with OpenAI remains intact for deploying 10 GW of custom compute capacity from 2026 to 2029 [5]. Competitive Landscape - Marvell Technology announced its acquisition of Celestial AI, a developer of Photonic Fabric technology, which may impact Broadcom's competitive positioning [2]. - Hock Tan, Broadcom's CEO, acknowledged the potential future importance of silicon photonics but stated that current technology improvements are still viable without it [3]. Strategic Partnerships - Broadcom extended its partnership with ING, which will adopt VMware Cloud Foundation 9.0 as part of its private cloud strategy [9]. - Plans to expand partnership with NEC Corporation for implementing VMware Cloud Foundation into its IT systems [12]. Product Innovations - Broadcom launched Brocade X8 Directors and Brocade G820 56-port switch, the first 128G Fibre Channel platforms designed for mission-critical workloads and enterprise AI applications [11].
Broadcom Strengthens Strategic Partnership with NEC to Drive Modern Private Cloud with VMware Cloud Foundation
Globenewswire· 2025-11-18 14:00
Core Insights - Broadcom Inc. is expanding its strategic partnership with NEC Corporation to adopt a modern private cloud using VMware Cloud Foundation (VCF) [1][4] - VCF is designed to combine the flexibility of public clouds with the security and low total cost of ownership of private clouds, enabling consistent management of all applications [2][3] - NEC will implement VCF into its IT systems as part of its "Client Zero" strategy, enhancing its understanding and expertise in VCF [4][6] Company Collaboration - Broadcom and NEC have collaborated for over 20 years, and this partnership aims to drive digital transformation for customers [4][6] - NEC offers VCF-based solutions as part of its value creation model, including a managed service launched in October 2025 [5][6] - The integration of VCF into NEC's BluStellar Scenario is intended to support customers in adopting modern private cloud solutions [6] Market Position - VCF is currently deployed by nine of the top 10 Fortune 500 companies, indicating its strong market presence [3] - Broadcom is recognized as a global technology leader in semiconductor and enterprise software solutions, serving critical markets including cloud and data centers [7]