Bharti Airtel and Tech Mahindra Announce Partnership to Grow India’s Digital Economy; Stocks trade mixed

Bharti Airtel Limited, India’s leading communications solutions provider, and Tech Mahindra, a leading provider of digital transformation, consulting and business re-engineering services and solutions, today announced a strategic partnership to create and commercialize innovative solutions for India’s digital economy by bringing together their strengths.

Airtel and Tech Mahindra will co-develop and commercialize 5G use cases in India. Airtel has spearheaded 5G demonstrations and tests in India, while Tech Mahindra has developed world-class 5G applications and platforms. Airtel and Tech Mahindra will set up a joint 5G innovation lab to develop Make in India use cases for Indian and global markets.

The two companies will also bring to market customized enterprise-grade private networks, which will be at the heart of the digital economy. These solutions will focus on combining Airtel’s industry-leading integrated connectivity portfolio of 5G-ready mobile network, fiber, SDWAN and IoT with Tech Mahindra’s proven system integration capabilities. The businesses will initially focus on segments such as automotive, aviation, ports, utilities, chemicals, oil and gas and expand into other industries in the future.

Airtel and Tech Mahindra will also offer secure cloud and Content Delivery Network (CDN) solutions for businesses. As enterprises rapidly shift to cloud-based platforms as part of their digital transformation journeys, Airtel has built a formidable hybrid cloud portfolio with Airtel Cloud, Airtel IQ (CPaaS) alongside CDN offerings. Additionally, the two companies will explore the possibility of leveraging Tech Mahindra’s technology expertise to support Airtel in cloud engineering, implementing tools for cloud orchestration.

At around 1:04 p.m., Bharti Airtel Ltd was trading at 744.75 rupees per share, down 4.65 rupees or 0.62% from its previous close of 749.40 rupees per share on BSE. while Tech Mahindra Ltd was trading at Rs 1,506.50 per share, up Rs 10.35 or 0.69% from its previous close of Rs 1,496.15 per share on BSE.

Ganesh Lakshminarayanan, CEO-Enterprise Business, Bharti Airtel said, “Airtel and Tech Mahindra have a shared vision to support the growth of India’s digital ecosystem. We are delighted to partner with Tech Mahindra to bring to market a range of cutting-edge digital solutions for emerging business needs. With proven technology capabilities and deep customer trust enjoyed by both brands, we believe this is a win-win partnership.

Manish Vyas, President, Communications, Media and Entertainment Business, and CEO, Network Services, Tech Mahindra, said, “The 5G ecosystem will unlock immense opportunities for industries across all sectors to improve productivity and improving the customer experience through new era digital platforms and solutions. . We are delighted to partner with Airtel to provide innovative and cutting-edge solutions to enterprise customers. In line with Tech Mahindra’s NXT.NOWTM framework, this collaboration focuses on delivering next-generation services to the Indian market by enabling transformation through network, cloud engineering and customer experience.

Under the NXT.NOWTM framework, which aims to provide a “seamless customer experience”, Tech Mahindra is focused on investing in emerging technologies and solutions that enable digital transformation and meet ever-changing customer needs.

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