A 5G radio access network (RAN) technology developed by an Indian multi-institutional team has been licensed to local firm Tejas Networks, part of the Tata Group company, for a total of INR120 million ($1.44 million), local press reported.
According to the report, IIT Madras, IIT Kanpur and the Society for Applied Microwave Electronics Engineering & Research (SAMEER) have been working to develop a 5G RAN sub-system at a 5G testbed.
The three institutions are now jointly licensing the 5G RAN technology to Tejas Networks, which will seek to leverage the technology for further advancements and commercial applications.