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June 23, 2026
The General Manager The Manager
BSE Limited National Stock Exchange of India Limited
Listing Department Listing Department
Phiroze Jeejeebhoy Towers Exchange Plaza
Dalal Street 5th Floor, Plot No. C-1, Block-G
Mumbai- 400 001 Bandra-Kurla Complex, Bandra(E)
Mumbai-400 051
BSE Scrip Code: 532281 NSE Scrip Code: HCLTECH
Subject: Release – “HCLTech, Circles and Greyskies collaborate in TM Forum Catalyst
Program to accelerate AI-led autonomous network operations”
Dear Sir/Madam,
Enclosed please find a release on the captioned subject being issued by the Company today.
This is for your information and records.
Thanking you,
Yours faithfully,
For HCL Technologies Limited
Manish Anand
Company Secretary
Encl.:a/a
HCL Technologies Ltd.
Technology Hub, Special Economic Zone Corporate Identity Number: L74140DL1991PLC046369
Plot No. 3A, Sector 126, NOIDA– 201304, UP, India Registered Office:
t: +91 120 4306000 806 Siddharth, 96, Nehru Place, New Delhi -110019, India
HCLTech, Circles and Greyskies collaborate in TM Forum Catalyst Program to accelerate
AI-led autonomous network operations
NEW YORK, SINGAPORE, SEATTLE and NOIDA, India, June 23, 2026 — HCLTech, Circles and
GreySkies today announced their participation in the TM Forum Catalyst Program, a collaborative
innovation initiative that brings together Communication Service Providers (CSPs) and technology
partners to co-create and showcase next-generation solutions for the telecommunications industry.
As part of this program, HCLTech, Circles and Greyskies are collaborating with leading telecom
operators such as Circles.Life, KDDI, Orange and TELUS to jointly develop a new AI-powered multi-
agent framework to unify customer experience, network operations and business processes into an
intelligent, real-time operational ecosystem. The new solution is designed to accelerate end-to-end
automation, enhance service assurance and improve customer engagement while unlocking new
monetization opportunities through AI-driven insights.
The initiative combines Circles’ AI-native digital telco platform and customer engagement capabilities
with GreySkies’ AI-enabled network operations and HCLTech’s AI-led automation, integrated through
TM Forum Open APIs within an Open Digital Architecture (ODA) framework. Together, it enables
telecom service providers to analyze customer and network signals in real time, anticipate issues and
drive autonomous decision-making across the enterprise.
By integrating advanced AI capabilities with open, standards-based architectures, the solution
supports the transition to self-optimizing networks that are more responsive to changing customer
needs and operational complexities. The approach is intended to improve operational efficiency,
accelerate insight-to-action and enhance customer lifetime value.
"As service providers look to meet rising customer expectations, AI will play a critical role in delivering
more personalized, anticipatory and seamless experiences," said Sanjay Kaul, Chief Revenue Officer at
Circles. "Through this collaboration, we are bringing together complementary capabilities to help
operators connect customer insights with network and business operations in real time, creating new
opportunities for growth and differentiation."
"Autonomous operations start with truly understanding the network. By bringing AI-driven observability
and assurance into this Catalyst, we are helping operators anticipate and resolve issues before
customers ever feel them," said Dr. Ibrahim Ghaleb, Chief Operating Officer at GreySkies. "Together
with Circles and HCLTech, we are showing how intelligent network operations connect directly to
customer and business outcomes, turning real-time network signals into faster, self-driven decisions
across the entire operation."
“Inclusion in the TM Forum Catalyst program reflects our commitment to co-innovate with the global
telecom ecosystem and accelerate the industry’s transition to AI-driven, autonomous operations,”
said Anil Ganjoo, Chief Growth Officer and Global Head of Telecom, Media and Technology at
HCLTech. “By bringing together multi-agent AI capabilities with open, standards-based architectures,
we are enabling service providers to deliver more intelligent, agile and differentiated customer
experiences at scale.”
The Catalyst projects will be showcased at TM Forum’s DTW Ignite event in Copenhagen, bringing
together industry leaders to explore collaborative innovation and the future of telecommunications
transformation.
About Circles
Founded in 2014, Circles is a global technology company reimagining the telco industry with its
innovative SaaS platform, empowering telco operators worldwide to effortlessly launch innovative
digital brands or refresh existing ones, accelerating their transformation into techcos.
Today, Circles partners with leading telco operators across 14 countries and 6 continents, including
KDDI Corporation, Etisalat Group (e&), AT&T, and Telkomsel, creating blueprints for future telco and
digital experiences enjoyed by millions of consumers globally.
Circles is backed by renowned global investors, including Peak XV Partners (formerly Sequoia),
Warburg Pincus, Founders Fund, and EDBI (the investment arm of the Singapore Economic
Development Board), with a track record of backing industry challengers.
To learn more about how Circles enables digital transformation for leading telcos worldwide, visit
circles.co.
About Greyskies
GreySkies provides telecom operators and large enterprises with a cutting-edge AIOps Service
Assurance platform that delivers full-stack observability across networks, infrastructure, applications,
and services. By combining AI-driven anomaly detection, event correlation, and automation with real-
time analytics and predictive insights, GreySkies helps service providers improve reliability, enhance
user experience, and streamline operations while preparing for next-generation network and IT
demands.
To learn more about GreySkies can partner with you on your Autonomous Network Transformation
journey, visit greyskiesinc.com
About HCLTech
HCLTech is a global technology company, home to more than 227,000 people across 60 countries,
delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software,
powered by a broad portfolio of technology services and products. We work with clients across all
major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and
Healthcare, Technology and Services, Semiconductor, Telecom and Media, Retail and CPG, Mobility
and Public Services. Consolidated revenues as of 12 months ending March 2026 totaled $14.7 billion.
To learn how we can supercharge progress for you, visit hcltech.com.
For further details, please contact:
HCLTech
Meredith Bucaro, Americas
meredith-bucaro@hcltech.com
Elka Ghudial, Europe
elka.ghudial@hcltech.com
James Galvin, APAC
james.galvin@hcltech.com
Nitin Shukla, India, Middle East & Africa
nitin-shukla@hcltech.com