Tech Mahindra strengthens presence in Saudi Arabia
Submitted by Raja Chauhan on Tue, 11/25/2008 - 04:51
Tech Mahindra, a worldwide provider of IT solutions to the telecom industry, has announced that it has open its new office in Riyadh, Saudi Arabia.
According to the sources, Saudi office is an essential part for the expansion of Tech Mahindra in the Middle East for its sales, support and delivery of its IT and Telecom offerings.
The sources further revealed that Tech Mahindra with rich telecom domain knowledge will provide best industry practices to Saudi Arabia telecom operators who are looking for ways to diversify their market share, improve profitability and add new offerings rapidly with a higher focus on next-generation services, customer experience and value added services.
While commenting on the Saudi Arabia office, Mr. CP Gurnani, president, International Operations, Tech Mahindra, remarked, "Our Saudi Arabia office is a part of the strategic investments that Tech Mahindra continues to make to strengthen our presence in the Middle East and in emerging markets at large. Tech Mahindra has been on a continuous journey of transformation, addressing new players in the telecom ecosystem and expanding service lines. We have chosen to be in Saudi Arabia because of its rapidly developing infrastructure and the large market opportunity."
Stock of Tech Mahindra closed at Rs 232, down 5.56 percent on National Stock Exchange (NSE).
