This is a welcome news for Tejas Network
Annual report 2022 NOTES
The Tata group has taken a view to incubate this business as a separate entity and invested in Tejas Networks 
Tejas Networks Limited informed that the company has acquired 75,979 equity shares of Saankhya Labs Private Limited through secondary purchase at a price of Rs454.19 per equity share.
This is purchase of a further 0.78% stake in the company for a total consideration of Rs3.45 crore.
The total acquisition through secondary purchase (incl. the above acquisition) as on date is 61,57,925 equity shares at a price of Rs454.19 per equity share amounting to 63.43% of the equity share capital of Saankhya, on a fully diluted basis for a consideration of Rs279.69 crore.
The remaining 93,571 equity shares will be acquired by the Company in due course.
How important is saankhya lab can be known from the attached article.
How will consumers pay for it and to whom if this is not via their telcos data plans? Will sankhya launch B2C plans and do they have licence for same or will join auctions?
As per this news, its a D-to-M or direct to mobile concept. Basically they will allow mobile manufacturers to embed a chip into handsets for accessing broadcast radio head developed by the company.
Basically what I understand is they will sell this to handset manufacturer to be inbuilt into phones.
Until they disclose more, nothing is given out.
As it includes data usage via 5G i think nothing maybe possible without government regulations…some companies spending crores in auction and another able to make use of similar tech (be it sankhya or handset makers etc) without shelling out anything to government may not be feasible until gov pitches in when this tech becomes viable…
Here is the whitepaper on D2M Broadcast if anyone’s interested. POC was done by IITK and Saankhya labs.
Prasar Bharti being the focus here ( public broadcaster), I dug into 3 years old annual report of Prasar Bharti and this is what I find. This at least tells that it’s not one sided affair.
Something on similar lines from South Korea
The announcement of BSNL and MTNL merger with revival package should benefit Tejas Network as the business will grow and payments will be faster.
The article is behind a paywall but mentions Nokia, Ericsson and Samsung as key vendors for the network equipment.
Tejas Networks awarded Rs. 298 crore optical network contract by Power Grid Corporation of India Limited
With the Government’s revival package to BSNL and tough talk by the Minister, hopefully BSNL will move fast on the roll out of 4G with Indian equipment providers. Positive development for Tejas which is now part of the Tata group.
Disc: Invested. Highest holding in our portfolio
Tejas will get its receivables. BSNL: Govt releases first tranche of Rs 5,000 crore under revival package to BSNL: Report, Telecom News, ET Telecom