Saankhya Labs today announced that it has added Mariam Sorond to its Board of Advisors
Saankhya Labs formed the board of advisors to provide insights, advice, and non-binding recommendations to its Board and Executive leadership team. Parag Naik, CEO of Saankhya Labs, said, “As Saankhya continues on its path of innovation and growth in 5G and beyond, our advisory board members bring an incredible variety of experience and insight to the table to help take the company to the next level of growth. I am excited to have Mariam Sorond join our Board of advisors. Mariam brings immense experience and expertise in wireless communication technologies and we look forward to her insights to help in our next level of growth.”Mariam Sorond is the Chief Research and Development Officer at CableLabs. In this role, she leads research & development of new technologies for CableLabs’ members and the industry.
An expert in mobile wireless, fixed, and satellite networks, Sorond previously held the position of Chief Wireless Architect for DISH Network and led the team focused on the 5G network. She was also responsible for spectrum technology and strategy, end-to-end technology development, creating the next generation network architecture and standards development.
Sorond has more than 26 years of technical and strategy experience in the telecommunications industry. She has also held leadership positions both within start-ups and Fortune 500 enterprises, with responsibility for developing the technology vision, network deployment, trend analysis, guiding business investments and participating in regulatory and standardization processes. Prior to joining DISH, she worked at various companies such as Lucent Technologies (now Nokia), ICO, Nextel, and PrimeCo – where she began her career as an RF Engineer. Sorond has served as a member of the NTIA’s Commerce Spectrum Management Advisory Committee since 2014. She has been awarded several patents, with others pending and is a frequent speaker and panellist at industry forums.
Mariam Sorond said, “Saankhya Labs is working on next generation innovative solutions in the world of open, virtualized and disaggregated networks across multiple access technologies including 5G, and I am happy to be a part of their advisory board to guide them in their endeavour to build disruptive products and solutions that take the industry to the next level of convergence and connectivity.”
About Saankhya Labs:
Saankhya Labs, a subsidiary of Tejas Networks, is an innovative leading-edge technology company with a breadth of wireless communication system solutions. Saankhya offers a wide range of communication products for 5G NR, Broadcast, and Satellite Communication applications. With over 100 international technology patents and unique ‘chipset-to-systems’ expertise, Saankhya’s solutions include award-winning SDR chipsets for communication, next-gen OpenRAN Solutions for 5G networks, multi-standard direct to mobile (D2M) broadcast, and Satcom solutions.
“At ACG, we are committed to develop a state-of-the-art, terabit-scale optical network that can cost-effectively address the escalating network capacity requirements of our service provider customers. After a rigorous evaluation process, we selected Tejas’s TJ1600 Metro and Long-haul DWDM/OTN products and TJ1400 PTN products for this important build-out. We are truly impressed by their scalability, extreme flexibility and operational simplicity when compared to other competitive offerings in the market today.” said Dr. Dzung Nguyen, CTO of ACG. “We look forward to working closely with the Tejas Networks team to ensure that we fully leverage the advanced capabilities of their products and implement an agile and future-proof network that can adapt well to the explosive growth in Afghanistan’s mobile, broadband and cloud services markets in the coming years.”
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are delighted that ACG has chosen Tejas as their core technology partner to implement a state-of-the-art Carrier-of-Carrier network for telcos, businesses and government institutions in Afghanistan. Our TJ1600 DWDM/OTN products have an innovative software-defined hardware™ architecture that enables next-generation wholesale telecom carriers like ACG to scale-up their network capacity in cost-effective increments and align their capex investments in line with their services and revenue growth. Our partnership with ACG exemplifies our emergence as a trusted global supplier of a full range of optical transmission products for access, metro and core networks.”
Mr. Yogesh Verma, Vice President for MENA region at Tejas Networks said, “ACG is committed to offer highly reliable bandwidth services to its customers. With our state-of-the-art technology and superior support, ACG can continue to deliver on their committed SLAs and ensure vital connectivity where it’s most needed. We are excited to support ACG in realizing a scalable and robust optical infrastructure that enables profitable transport and delivery of high-quality bandwidth services to Afghan operators and businesses at the lowest cost per bit.”
For Q3 2021, consolidated net revenue was Rs. 129.1 crore, which was a YoY increase of 51.2%, resulting in a profit before tax of Rs. 9.2 crore as compared to a loss before tax of Rs. 14.8 crore for corresponding previous period. Profit after tax was Rs. 9.2 crore as compared to loss after tax of Rs. 112.1 crore for corresponding previous period.
For the nine months ended December 31, 2020, net revenue was Rs. 313.3 crore, which was a YoY decline of 4.2%, with a profit before tax of Rs. 4.0 crore as compared to a loss before tax of Rs. 12.0 crore for corresponding previous period. . Profit after tax was Rs. 4.0 crore as compared to a loss after tax of Rs. 110.6 crore for corresponding previous period.
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We continued to build on our momentum of revenue as well as profitability growth during Q3. We also had strong order inflows and new customer wins, resulting in order book of Rs. 672 crore, as on December 31, 2020. Our international business for the first nine months saw a YoY revenue growth of 26.9%, led by customers in Africa, Mid-east and South-East Asia. With increased demand for high-speed home broadband connections on optical fiber and the need for telecom operators to upgrade their backbone network capacity, we see a robust demand for our equipment globally.”
Mr. Venkatesh Gadiyar, CFO said, “Our quarterly financial performance continues to improve, as we generated cash of Rs. 55 crore from operations and also reduced our working capital by Rs. 43 crore during Q3. Our cash and cash equivalents, including investment in liquid mutual funds and deposits with financial institutions, improved to Rs. 335 crore as on December 31, 2020 and we continue to be a debt-free Company.”
As on date, we have filed for 349 patents and during the quarter, we were granted 2 patents bringing our cumulative grant to 120 patents.
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are delighted to be chosen for this prestigious project that will enable a sizable rural population to experience the tangible benefits of high-speed, reliable and affordable wireless internet for the first time. TJ1400UCB is an innovative product that provides the flexibility to rapidly rollout broadband services on optical fiber, wireless or copper media, as per available infrastructure, at highly affordable costs. Tejas was selected because of our cutting-edge products, as well as our vast experience in timely rollouts of large-scale broadband access and optical transmission networks around the globe, including Government of India’s BharatNet and Railway WiFi projects.
Dr. Kumar N. Sivarajan, Chief Technology Officer (CTO) of Tejas Networks, said, “We are excited that Tejas has been selected as the primary telecom equipment supplier for this challenging project. Ubiquitous and affordable broadband has become a necessity in modern life and is a critical tool to deliver advanced services such as telemedicine, e-education, online banking, e-commerce and e-governance services. TJ1400UCB leverages our unique software-defined hardware™ architecture to seamlessly integrate state-of-the-art broadband access technologies and high-capacity packet transmission services in one shelf with the added benefits of unified management, space reduction and power savings to achieve a cost-effective rollout.”
Broadband is a key growth segment in Mexico’s telecoms market. With a population of 129 million, there is significant pent-up demand for fiber and mobile broadband services in the country. C3ntro Telecom is playing a vital role in providing high speed voice and data connectivity for residential and enterprise customers in Mexico, USA and LATAM.
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are pleased to expand our partnership with C3ntro Telecom. We are delighted that we have been selected by C3ntro to deploy our optical transport products across all major metros in Mexico, to build a scalable and flexible fiber-optic network infrastructure.”
Mr. Simon Masri, CEO at C3ntro Telecom said “We are happy to select Tejas for our next phase of network expansion. Starting with our first MPLS-TP/PTN deployment from Mexico City to Dallas in 2018, to recently fortifying our core network with 100G OTN/DWDM, Tejas’ pay-as-you-grow solution has been the right approach for our network expansion. Tejas products have stood the test of time in providing consistent high availability with an SLA of 99.999%, enabling highly reliable service delivery to other tier-1 international carriers using our platform.”
Mr Shirish Purohit, Head of Sales at Tejas Networks added, “We highly value our partnership with C3ntro. They have been able to quickly deliver new services with our software-defined hardware product architecture that supports flexibility of hardware to configure diverse services on the same platform with seamless upgrades to higher capacities.”
Mr. Sanjay Nayak, Managing Director and CEO of Tejas Networks said, “We are proud that our TJ1400 UltraFlex has been named as a finalist for telecom industry’s leading innovation awards. TJ1400 UltraFlex, our flagship FTTH (Fiber-to-the-Home) product is being used for covering over 10 million home passes, both in greenfield as well as brownfield deployments. In addition to being deployed in many countries around the world, TJ1400 has the unique distinction of being successfully deployed in the world’s largest rural broadband as well as one of the world’s largest public Wi-Fi networks, delivering high-speed broadband services to over 100 million people each day.”
Mr. Arnob Roy, Whole-time Director and COO of Tejas Networks said, “The unrelenting growth of network traffic due to work-from-home, online learning and video-on-demand is driving large-scale adoption of GPON/NG-PON technologies in high-speed fiber broadband networks. TJ1400 UltraFlex product family with its diverse form factors, superior architectural flexibility, and cost-effective integration of broadband access, packet transport and IP technologies, is an ideal choice to address this exploding bandwidth demand. In addition to GPON/NG-PON technologies, our innovative TJ1400 UltraFlex also supports FWA (Fixed Wireless Access) as well as multi-Gigabit Active Ethernet services from the same, integrated platform. The GLOTEL award is a powerful testimony to our emergence as a leading global innovator for broadband access solutions.”