Mumbai, July 27, 2011- Tech Mahindra, a global systems integrator and business transformation consulting services firm exclusively focused on the communications industry, has been ranked as No.1 Telecom Software Service Provider by Voice & Data, India?s leading communications magazine. According to the latest V&D100 Annual Survey conducted by the magazine, Tech Mahindra leads the Rs. 23,533 crore Indian telecom software services market in 2010-11 with 20.1 % market share.
This annual ranking based on a comprehensive evaluation of the Indian telecom services space, states that Tech Mahindra grew 12 % to clock consolidated revenue of Rs. 5,140.2 crore for the year ending March 2010. This award is considered as the hallmark of the Indian Telecom & IT Industry.
Mr. L.Ravichandran, President, IT Services, Tech Mahindra said, ?We are honored to be recognized again by Voice & Data as the top telecom software services provider for the year 2010-11. This reinforces and reaffirms Tech Mahindra?s commitment and consistency in providing tangible value to the telecommunications industry through our innovative solutions. With our niche and proven telecom domain expertise, distinctive IT skills, research and development investments, innovative delivery models and distinguished approach of managing IT systems, Tech Mahindra remains committed to the growth of our esteemed customers, stakeholders at large?
Mr. Ibrahim Ahmad, Group Editor, Cyber Media Group, said, ?The Indian telecom growth story will be fuelled by momentum of the telecommunications industry effected through the roll-out of 3G and broadband services and the consequent growth in usage of high-speed broadband, VAS and data services. With its exclusive focus on the telecommunications industry for over two decades, Tech Mahindra continues to play a leadership role in this domain, deliver mature business models and provide compelling value propositions to its customers and stakeholders?
