Wipro Wins Managed Services Engagement with Grameenphone
August 16 2017 - 9:13AM
Business Wire
Wipro to leverage the Wipro HOLMES Artificial Intelligence
Platform™ to transform operations for the largest
telecommunications company in Bangladesh
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading
global information technology, consulting and business process
services company, today announced that it has won a five-year IT
infrastructure and applications managed services engagement with
Grameenphone (GP), a leading telecom operator in Bangladesh.
Grameenphone Ltd. is the largest mobile telecommunications
operator in Bangladesh, majority owned by Telenor Group, one of the
world’s major mobile operators.
Wipro will be managing the complete IT landscape for GP,
leveraging Wipro HOLMES. As part of the contract Wipro will own
end-to-end application development and management, infrastructure
support and maintenance and back office processes for GP.
This partnership closely aligns with Wipro’s vision to localize,
expand its presence and explore new businesses opportunities in the
country. Wipro will be setting up a new delivery centre in
Bangladesh.
“We selected Wipro as the partner to offer Managed services for
Grameenphone based on a thorough evaluation process, and we are
very proud of being able to attract a world class organization like
Wipro to Bangladesh. We have full trust in this partnership to
deliver the business results as per plan,” said Michael Foley,
Chief Executive Officer, Grameenphone Limited.
“We are delighted to have been chosen by Grameenphone as the
strategic partner for this engagement, which will leverage both our
domain expertise and industry leading AI platform- Wipro HOLMES.
Telenor is a strategic client for us and this engagement further
strengthens our relationship with Telenor,” said Anil K
Jain, Senior Vice President & Global Head – Communications
Business Unit, Wipro Limited.
About GrameenphoneGrameenphone Ltd., part of Telenor
Group, is the largest mobile telecommunications operator in
Bangladesh in terms of revenue, coverage and subscriber base. The
company was incorporated on 10 October 1996 as a private limited
company. The company operates a digital mobile telecommunications
network based on the GSM standard in the 900 MHz, 1800 MHz and 2100
Mhz frequency bands, under license granted by the Bangladesh
Telecommunication Regulatory Commission (BTRC).
About Wipro LimitedWipro Limited (NYSE: WIT, BSE: 507685,
NSE: WIPRO) is a leading global information technology, consulting
and business process services company. We harness the power of
cognitive computing, hyper-automation, robotics, cloud, analytics
and emerging technologies to help our clients adapt to the digital
world and make them successful. A company recognized globally for
its comprehensive portfolio of services, strong commitment to
sustainability and good corporate citizenship, we have over 160,000
dedicated employees serving clients across six continents.
Together, we discover ideas and connect the dots to build a better
and a bold new future.
Forward-looking and Cautionary StatementsCertain
statements in this release concerning our future growth prospects
are forward-looking statements, which involve a number of risks,
and uncertainties that could cause actual results to differ
materially from those in such forward-looking statements. The risks
and uncertainties relating to these statements include, but are not
limited to, risks and uncertainties regarding fluctuations in our
earnings, revenue and profits, our ability to generate and manage
growth, intense competition in IT services, our ability to maintain
our cost advantage, wage increases in India, our ability to attract
and retain highly skilled professionals, time and cost overruns on
fixed-price, fixed-time frame contracts, client concentration,
restrictions on immigration, our ability to manage our
international operations, reduced demand for technology in our key
focus areas, disruptions in telecommunication networks, our ability
to successfully complete and integrate potential acquisitions,
liability for damages on our service contracts, the success of the
companies in which we make strategic investments, withdrawal of
fiscal governmental incentives, political instability, war, legal
restrictions on raising capital or acquiring companies outside
India, unauthorized use of our intellectual property, and general
economic conditions affecting our business and industry. Additional
risks that could affect our future operating results are more fully
described in our filings with the United States Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in the
company’s filings with the Securities and Exchange Commission and
our reports to shareholders. We do not undertake to update any
forward-looking statement that may be made from time to time by us
or on our behalf.
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Wipro LimitedPurnima Burmanpurnima.burman@wipro.com
Wipro (NYSE:WIT)
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