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HCL Tech bags $2.1 billion deal from Verizon

by Blitzindiamedia
August 11, 2023
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Team Blitz India

MUMBAI: HCL Technologies’ share price rose almost 5 per cent in the morning trade on August 11, a day after it announced that it had inked a $2.1 billion deal with US company Verizon Business.

As per the strategic global partnership, HCL Tech will become the primary managed network services (MNS) collaborator for Verizon Business in all networking deployments for global customers.

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“HCL Tech will be Verizon Business’s primary collaborator in all deployments involving MNS globally for enterprise customers,” HCL Tech said, adding that “Verizon Business will lead sales, solutions, and customer acquisitions, and HCL Tech will lead post-sale implementations and ongoing support”.

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