04 November 2011

Tech Mahindra: TGT 640 :: Anand Rathi

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Company Description
Tech Mahindra Limited provides information technology (IT)
services to the telecommunications industry worldwide. Its IT
solutions comprise consulting services, such as strategy
planning, assessment, procurement, and re-engineering
solutions, as well as planning, audits, and practices; system
integration and transformation services; managed services,
including application management, infrastructure management,
revenue management, and mobile virtual network enabler
services; application development, maintenance, and support
services; B/OSS solutions; and business intelligence and data
management solutions. The company also offers network
solutions and services, including network lifecycle, network
integration and testing, data quality management, managed
network, and network solutions; and infrastructure management
services comprising data centre, managed network, application
support, and end user services. The company was founded in
1986 and is based in Pune, India.
~ Satyam's acquisition will help Tech Mahindra to diversify its
client base and industry focus.
~ Large deals like those of Bharti and a gradual revival in the
Telecom vertical will help volume growth.
~ Emerging market telco rollouts and domestic BPO deals are
expected to be key growth contributors.
~ The company’s five-year multi-million dollar deals bagged in
4QFY2011 from Vodafone are expected to ramp up in from
2QFY2012.
~ Though volatile global events have been impacting the growth
of the sector overall but the rupee depreciation has been
helping the IT companies which is compensating the toplie
growth.
~ Tech Mahindra has bagged a managed services deal from
Bahrain-based Internet service provider Menatelecom for an
undisclosed amount. As part of the contract, Tech Mahindra will
partner with telecom gear maker Huwaei Technologies in
managing the business support systems and operations of
Menatelecom's WIMAX network. The agreement will enable the
Internet service provider to enhance and expand its billing and
customer relation management system in the region.

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