Technology outsourcing company Wipro has bagged a 5-year IT infrastructure and applications managed services deal from Grameenphone, a leading telecom operator in Bangladesh.
Bangalore-based Wipro did not reveal the financial details of the managed services deal with Grameenphone.
Telenor Group-owned Grameenphone is the largest mobile operator in Bangladesh in terms of revenue, coverage and subscriber base, with 59 million connections.
Telenor Group earlier said Grameenphone achieved 15 percent growth in revenue – fueled by both voice and data. Grameenphone achieved 24 percent increase in active data users by adding 1.8 million users in Q2. Grameenphone achieved 22 percent growth in normalised EBITDA.
Telenor, which owns Grameenphone, reported a Capex excluding spectrum licenses of NOK 4.4 billion, resulting in a Capex to sales ratio of 14 percent in the second quarter of 2017.
Wipro, as part of the technology outsourcing deal, will manage the IT landscape for Grameenphone, leveraging Wipro HOLMES, the company’s AI platform.
“We selected Wipro as the technology 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,” said Michael Foley, chief executive officer, Grameenphone.
As part of the contract, Wipro will own application development and management, infrastructure support and maintenance and back office processes for Grameenphone.
Wipro will be setting up a new delivery centre in Bangladesh as part of its strategy to localize, expand its presence and explore new businesses opportunities in the country.
“Telenor is a strategic client for us and this engagement further strengthens our relationship with Telenor,” said Anil K Jain, global head – Communications Business Unit, Wipro.