Tech Mahindra to benefit from AT&T as it moves ahead with its 5G plan
By Nikita Chaurasia  Date: 2020-04-27

Tech Mahindra to benefit from AT&T as it moves ahead with its 5G plan

In the midst of the global economic crisis caused by COVID-19, some businesses are still focused on meeting their ongoing contracts. Reportedly, leading telecom carrier, AT&T intends to commence its IT modernization contracts to avoid unnecessary expenditure. This move is expected to massively aid Tech Mahindra, which apparently signed a $1 billion contract with the telecom firm last year.

Earlier in 2019, AT&T had decided to minimize costs of more than $6 billion over the span of three years, which included migrating applications to the cloud and modernizing its IT infrastructure. The US carrier company later announced that Tech Mahindra would handle a number of applications that supported AT&T's shared systems and network.

Speaking on the move, John Stankey, Chief Operating Officer and future CEO, AT&T, said that the company is not backing off on its efficiency and cost transformation projects that apparently is largely under the its control. As a matter of fact, AT&T sees this scenario as an opportunity to better align its operation according to new changes in customer behavior caused due to the economy impact of COVID-19.

This confirmation from AT&T comes amidst such grave times where most of India's IT services firms are experiencing a slowdown in business owing to this global healthcare pandemic.

As per sources, AT&T is planning to launch its 5G network in the first half of 2020, with most of the work on modernizing internal network applications and optimizing the core operations being led by Tech Mahindra.

Apart from AT&T, Tech Mahindra has also made strides in the cloud service space, as it announced that it has joined forces with IBM to create a new tailored hybrid cloud offering for organizations operating on Red Hat technologies.

The platform would allow organizations to migrate their core business applications into Big Blue’s public cloud solution. Additionally, the alliance would focus on creating superior innovation centers in North America, the UK, and India.

Source Credit: https://tech.economictimes.indiatimes.com/news/corporate/advantage-tech-mahindra-as-att-looks-to-stay-on-digital-course/75397146

About Author

Nikita Chaurasia    

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More

More News By Nikita Chaurasia

Canada based GardaWorld raises its takeover bid for G4S to £3.7bn
Canada based GardaWorld raises its takeover bid for G4S to £3.7bn
By Nikita Chaurasia

Canadian security firm GardaWorld has reportedly increased its takeover offer for G4S, a UK outsourcing group, to £3.68bn in a final bid for its bigger competitor. Speaking of the offer, GardaWorld stated that it would pay 235p per share i...

Bitcoin price spikes to nearly $20,000 with an upsurge in demand
Bitcoin price spikes to nearly $20,000 with an upsurge in demand
By Nikita Chaurasia

Nearly three years after hitting a record price of almost $20,000, the price of bitcoin has again struck the same all-time-high figure. According to a bitcoin price index, CoinDesk, the price of one bitcoin was reportedly recorded to be $19,850.11 on...

Topshops owner Arcadia Group on verge of inevitable collapse
Topshops owner Arcadia Group on verge of inevitable collapse
By Nikita Chaurasia

Arcadia, an expansive retail business comprising of renowned fashion brands such as Topshop, Burton, and Dorothy Perkins, is reportedly on verge of an economic collapse putting about 13,000 jobs at risk. According to credible sources, the future of A...

Microsoft Teams stops working on Internet Explorer 11, effective today
Microsoft Teams stops working on Internet Explorer 11, effective today
By Nikita Chaurasia

Microsoft Teams is undergoing a major change, as the popular web conferencing service is going to stop working on Internet Explorer 11. It has been reported that from November 30, the web-based version of Microsoft Teams will stop working on IE1...

Top Glove shuts down factories amidst rising COVID-19 cases in Malaysia
Top Glove shuts down factories amidst rising COVID-19 cases in Malaysia
By Nikita Chaurasia

  The company has reportedly ceased its operations after 2453 employees tested positive for the Coronavirus. The company’s shares plummeted by 7.5% after the Malaysian government ordered to shut down 28 of its factories. As per relia...