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HCLTech Completes the Acquisition of HPE's Telco Solutions Business

In a move that underscores its commitment to advancing the telecommunications sector, HCLTech (NSE: HCLTECH) (BSE: HCLTECH) has successfully completed the acquisition of the Telco Solutions division from Hewlett Packard Enterprise (HPE). The announcement, made on August 3, 2026, marks a significant milestone in HCLTech’s strategy to bolster its presence in the telecom industry with innovative AI-driven solutions.

Having announced the acquisition in December 2025, this deal solidifies HCLTech's leadership in developing engineering-based telecommunications solutions designed for communications service providers (CSPs). This comes at a crucial time when CSPs are ramping up investments in AI-led network transformation, next-generation infrastructure, and autonomous operations.

The integration of HPE’s Communications Technology Group, finalized in 2024, sets the stage for this latest acquisition and represents a strategic leap in HCLTech's telecom efforts. By combining the assets, expertise, and intellectual property from both HPE units, HCLTech is poised to assist its clients in modernizing applications, adopting AI solutions, and monetizing their network offerings more effectively.

Expanding HCLTech's Telecom Portfolio

Strategic Gains from the Acquisition

The acquisition has led to notable enhancements in HCLTech's telecommunications offerings:

• - Market Presence: HCLTech's footprint in North America, Latin America, Europe, and the Asia Pacific region, including Japan, has significantly broadened, allowing for improved support to global operators via local delivery capabilities.
• - Innovative Solutions: The deal expands HCLTech's portfolio with new intellectual properties and industry-leading integration services for telecommunications operations support systems (OSS), home subscriber servers (HSS), and 5G subscriber data management (SDM). These are further complemented by customer experience solutions, telecommunications network functions, and virtualization services.
• - Enhanced Expertise: With this acquisition, HCLTech integrates nearly 1,400 telecom engineering specialists across 39 countries, thereby strengthening its engineering capabilities and bolstering nearshore service delivery across notable regions such as Japan, Spain, Romania, Italy, India, and Latin America.

These combined factors elevate HCLTech’s standing in telecom through differentiated intellectual property, product engineering, R&D talent, and vital relationships with leading global communications providers, enabling rapid advancements in service transformation and AI-driven operations.

Vision for the Future of Telecommunications

Anil Ganjoo, Global Head of Growth and Telecommunications at HCLTech, emphasized the urgency faced by telecommunications providers as they transition into technology-centered firms. According to Ganjoo, they are keen on transforming their networks into intelligent platforms that create new value for customers and stakeholders alike. The acquisition is positioned as an opportunity for HCLTech to leverage its engineering and AI competencies to help clients efficiently navigate the complexities of next-generation network monetization and growth in sectors like cloud services, edge computing, private 5G, and telecommunications equipment manufacturing.

Additionally, Rami Rahim, Executive Vice President and General Manager of HPE's Networking, expressed confidence in HCLTech’s capability to sustain and grow the foundation of the Telco Solutions business, contributing to innovation for global communications service providers during these transformative times.

About HCLTech

HCLTech is a leading global technology firm employing over 223,000 individuals across 60 countries. With a focus on AI, digital transformation, engineering, cloud, and software, HCLTech delivers industry-leading services and products to clients in financial services, manufacturing, life sciences, technology, telecommunications, retail, and utilities. For the fiscal year ending June 2026, HCLTech reported consolidated revenues of $14.8 billion. To learn more about their solutions, visit hcltech.com.