Bangalore, India and East Brunswick, New Jersey, USA - February 22, 2016:
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company today announced a partnership with Verveba Telecom, LLC, a premiere telecom network engineering company specializing in network planning, design, deployment and mobile radio network optimization services for telecom service providers.
The partnership brings together Wipro’s expertise in telecom sector and Verveba’s award winning Mobile Radio Network Optimization technology with services, intellectual property and solutions of both organizations. Together, the companies will offer solutions to address industry challenges in generating measurable economic value from fast growing, mobile network technology deployments & optimization especially in 4G and single RAN technologies. It will also provide the opportunity to combine the skills and talents of two great network services organizations. Verveba and Wipro will work together on business development activities and expanding solutions to the Telecom Service Providers globally.
"Verveba’s solution augments our Telecom Network Services portfolio for the communications industry by delivering better business outcomes through cost reduction, improvement in turnaround time & process simplification, across the multi technology Radio Network Optimization field. This aligns well with Wipro’s goal of offering comprehensive, cutting edge customer experience solutions to our clients," said Anil K Jain, Sr. Vice President & Global Business Head – Communications Business Unit, Wipro Limited.
"We are pleased and excited about this partnership with Wipro. This partnership increases the reach of Verveba’s services and solutions. Wipro’s reach in global markets complements Verveba’s capabilities to deliver incremental business value to the Communication Service Providers," said Manik Arora, CEO, and Verveba Telecom.
About Verveba Telecom, LLC
Verveba is a Telecom network and IT Engineering Company which is simplifying delivery of complex wireless networks and continuously improving the customer experience since 2004. Verveba’s end-to-end network deployment model offers services in all facets of customer’s engineering cycle, including network planning, design, deployment and optimization services. Verveba is a trusted partner that provides its customers with the highest quality solutions, deploying such solutions seamlessly and reliably into its customers’ networks operations. Verveba is recognized for its (1) world-class multi-vendor expertise in implementing In-building solutions (IBS), WiFi and LTE; (2) standardized processes that sets the standard for speed to market; (3) trained and skilled workforce with expertise in multiple tools and products; and (4) its in-house developed Software/Mobile Solutions that streamlines our services. Verveba counts amongst its customers, America’s leading telecom services operator as well as the major telecom vendors, with capabilities to partner with our customers to simplify complex networks delivery and offer the best customer experience. Verveba is growing rapidly every year with operations across USA, Canada, Mexico, Kenya, Nigeria, and India. For more information, please visit www.verveba.com.
About Wipro Ltd.
Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Business Process Services company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of over 150,000, serving clients in 175+ cities across 6 continents. For more information, please visitwww.wipro.com
Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.