Mumbai – November 29th, 2022: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, and Axiata Group Berhad (“Axiata” or “the Group”), a leading mobile telecommunications and digital conglomerate in ASEAN and South Asia, have signed a Memorandum of Understanding (MoU) to co-develop and market innovative 5G enterprise solutions across Malaysia, Sri Lanka, Bangladesh, Nepal, and Cambodia.
The MoU aims to accelerate the seamless expansion of innovative new-age and cost-effective 5G solutions across industries, including manufacturing, oil & gas, and smart cities & services, among others. The partnership will combine Tech Mahindra’s industry knowledge to provide specialized services and digital solutions to customers, 5G enterprise solutions capabilities, SI (System Integrator) capabilities, and its domain expertise in planning, designing, deployment & management of private wireless networks, along with Axiata’s network infrastructures and product & services.
Rajesh Chandiramani, Business Head, Communications-Media-Entertainment for EMEA and APJI Markets, said, “5G is the new evolved technology fabric which enables a seamless connection of fast and intelligent devices and provides an enhanced customer experience in the digital world. Tech Mahindra has created 100+ 5G For Enterprise (5G4E) industry solutions across all sectors which provide end-to-end digital solutions for enterprises to enable digitalization at pace in this new 5G arena. Tech Mahindra’s 5G4E solutions, coupled with Axiata’s leading communication 5G connected services and their focus on digital telco, digital business, and digital infrastructure, will help us extend our 5G services portfolios to deliver tangible business value to customers across APJI markets and help digitize enterprises across verticals. We are confident that this partnership will bolster growth, productivity, and innovation to monetize opportunities in 5G for Enterprises (5G4E).”
5G is the underlying fabric of an entire ecosystem of seamlessly connected intelligent devices and immersive customer experiences. Our strong network of industry solutions across sectors will provide value-driven end-to-end solutions for holistic enterprise digitalization. This, coupled with Axiata’s leading communication services and focus on digital telco, digital business, and infrastructure, will help us extend our 5G services portfolio to deliver tangible business value to customers and partner ecosystems in the APJI region. We are confident that this partnership will bolster growth, productivity, and innovation to monetize opportunities in 5G for enterprises.”
Dr Gopi Kurup, Chief Executive Officer, Axiata Enterprise, said, “At early stages of 5G trials and rollout, all of our regional Enterprises clients are anticipating and positioning for the transformational enablers that the new technology offers for their core businesses.
The availability of 5G capabilities opens up innovative possibilities in achieving digital transformation strategies for various Enterprises and industries. The guarantee of an improved and faster network performance to meet the high demands on network latency, reliability, and security is needed in delivering vertical industry solutions.
In line with Axiata’s vision in becoming The Next Generational Digital Champion by 2024, Axiata Enterprise is committed in ensuring all our operators deliver best-in-class solutions beyond fixed mobile connectivity services. Leveraging the combined strengths of our operators’ mobile connectivity expertise and Tech Mahindra’s experience in delivering business transformation towards IR 4.0, we look forward to bringing 5G enabled Smart Services to Enterprise clients within our footprint, focused on key industries of O&G, Cities and Manufacturing,” Dr Gopi added.
The new use cases and solutions developed as part of the MoU will help make enterprises future-ready for the 5G wave by providing a robust roadmap, unlocking new revenue streams, and eliminating business and operational inefficiencies.
This partnership is in line with Tech Mahindra’s NXT.NOW™ framework, which aims to enhance ‘Human Centric Experience’, and focuses on investing in emerging technologies and solutions that enable digital transformation and meet the evolving needs of the customer.
In pursuit of its vision to be The Next Generation Digital Champion by 2024, Axiata is a diversified telecommunications and digital conglomerate operating Digital Telcos, Digital Businesses and Infrastructure businesses across a footprint spanning ASEAN and South Asia.
The Group has controlling stakes in market-leading mobile and fixed operators in the region including 'Celcom' in Malaysia, 'XL’and‘Link Net' in Indonesia, 'Dialog' in Sri Lanka, 'Robi' in Bangladesh, 'Smart' in Cambodia and 'Ncell' in Nepal. Axiata s regional digital business verticals comprise “Boost” a fintech play, and ‘ADA’, a digital analytics and AI company. 'edotco' is among the top 10 independent TowerCos globally, operating in nine countries to deliver telecommunications infrastructure services.
As a committed and long-term investor, the Group actively supports and drives young talent development; community outreach; as well as climate change initiatives. Axiata's broader goal of Advancing Asia aims to piece together the best in the region in terms of innovation, connectivity and talent to drive digital inclusion and sustainable progress across our markets. Find out more at www.axiata.com
About Tech Mahindra
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 6 billion organization with 163,000+ professionals across 90 countries helping 1279 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Metaverse, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales’ Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in ‘brand strength’ and amongst the top 7 IT brands globally. With the NXT.NOWTM framework, Tech Mahindra aims to enhance ‘Human Centric Experience’ for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow’s experiences today and believes that the ‘Future is Now’.
We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world’s largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality, and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.