BSECompany Update3 Aug 2026 · 3 Aug 2026, 07:02 pm
Enclosed please find a release being issued by the Company on the captioned subject today.
HCL Technologies Ltd · 532281
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HCL Technologies Ltd has completed the acquisition of HPE's Telco Solutions business, expanding its capabilities in AI-led telecom solutions and strengthening its position in the Communications Service Providers market.
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HCL Technologies Ltd - 532281 - Release: 'Hcltech Completes Acquisition Of HPE'S Telco Solutions Business'
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August 3, 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
Sub.: Release: “HCLTech completes acquisition of HPE’s Telco Solutions business”
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 completes acquisition of HPE’s Telco Solutions business
Advancing engineering-led telecom solutions for Communications Service Providers
in an AI-driven world
NEW YORK and NOIDA, India, August 3, 2026 — HCLTech, a leading global technology
company, announced the successful completion of the purchase of HPE’s Telco Solutions
business. Announced in December 2025, the acquisition further strengthens HCLTech’s
industry leadership through AI- and engineering-led telecom solutions.
Following the successful integration of HPE's Communications Technology Group (CTG)
business in 2024, the completion of the Telco Solutions business acquisition represents the
next milestone in HCLTech's telecom strategy. At a time when Communications Service
Providers (CSPs) are accelerating investments in AI-driven network transformation, next-
generation infrastructure and autonomous operations, the acquisition expands HCLTech's
capabilities to help clients modernize applications, adopt AI-led solutions and monetize
networks.
By combining the expertise, talent, IP and solutions of CTG and Telco Solutions with
HCLTech's engineering excellence, AI capabilities, managed services and more than 30 years
of communications industry experience, HCLTech has created a differentiated proposition
for CSPs. This strategic combination positions HCLTech to help CSPs accelerate AI-led
autonomous operations from radio to core while capturing growth opportunities in network
virtualization, convergence and modernization, multi-cloud, edge and datacenter networking,
Network-as-a-Service (NaaS), private 5G and Telecom OEM ecosystem transformation.
Key highlights of the transaction include:
• Expanded HCLTech's presence in the CSP market across North America, LATAM,
Europe and Asia Pacific, including Japan, strengthening its ability to support global
operators through local delivery capabilities.
• Broadened HCLTech's telecom portfolio with industry-leading IP, solutions and
integration services for Telecom Operational Support Systems (OSS), Home Subscriber
Server (HSS) and 5G Subscriber Data Management (SDM), complemented by HCLTech’s
customer experience solutions, telecom network functions and virtualization, media and
video, industry IoT, data intelligence, Business Support Systems (BSS), Service
Management and Orchestration (SMO), digital twin, AI-led intelligent applications on
radio and eSIM capabilities.
• Enhanced HCLTech's telecom domain expertise by integrating nearly 1,400 engineering
and telecom specialists across 39 countries, strengthening engineering depth and
nearshore delivery capabilities across Japan, Spain, Romania, Italy, India and LATAM.
• Elevating HCLTech's leadership in the telecom sector through differentiated IP,
product engineering and R&D talent, and trusted relationships with leading global CSPs,
enabling customers to accelerate service transformation, AI-led autonomous operations
and business growth.
"Telecom providers are accelerating their journey from telcos to techcos, transforming their
networks into intelligent, software-driven platforms that create new value for customers and
enterprises,” said Anil Ganjoo, Chief Growth Officer and Global Head of Telecom, Media and
Technology at HCLTech. “With the completion of the Telco Solutions business acquisition
and the successful integration of HPE's CTG business, HCLTech is bringing together deep
telecom expertise, engineering excellence and IP-led platform capabilities to help CSPs
simplify complexity, build and monetize networks of the future. This is the next era of
telecom, and we are excited and well placed to help shape it with our customers."
“HCLTech has been a trusted partner, and we are confident in its ability to build on the strong
foundation of the Telco Solutions business and drive innovation for global communications
service providers as they modernize and evolve,” said Rami Rahim, Executive Vice President,
President and General Manager, Networking, HPE.
About HCLTech
HCLTech is a global technology company, home to more than 223,000 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 & Services, Semiconductor,
Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as
of 12 months ending June 2026 totaled $14.8 billion. To learn how we can supercharge
progress for you, visit hcltech.com.
For further details, please contact:
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