HCLTech completes acquisition of HPE's Telco Solutions business, bolstering AI-driven telecom capabilities
NEW YORK and NOIDA, India, August 3, 2026 - HCLTech, a global technology company, has successfully completed the purchase of HPE's Telco Solutions business. This acquisition marks a significant milestone in HCLTech's evolving telecom strategy and strengthens its position as a leader in providing AI- and engineering-led solutions for Communications Service Providers (CSPs).The completion follows the successful integration of HPE's Communications Technology Group (CTG) business in 2024. The strategic move is intended to assist CSPs who are accelerating investments into AI-driven network transformation, next generation infrastructure, and autonomous operations. By combining the specialized expertise, intellectual property (IP), talent, and solutions from both CTG and Telco Solutions with HCLTech's existing capabilities, the company has established a differentiated proposition for CSPs globally.
This combination positions HCLTech to aid CSPs in accelerating AI-led autonomous operations across the spectrum, from radio access to core network functions. The business expansion captures growth opportunities in several critical areas, including network virtualization, convergence and modernization, multi-cloud and edge datacenter networking, Network-as-a-Service (NaaS), private 5G implementation, and Telecom OEM ecosystem transformation.
Key highlights of the transaction encompass a wide range of operational and portfolio enhancements:
| Feature Area | Enhancement Detail |
|---|---|
| Market Presence | Expanded presence in CSP markets across North America, LATAM, Europe, and Asia Pacific, including Japan, allowing for local delivery support to global operators. |
| Telecom Portfolio | Broadened industry-leading offerings spanning IP solutions and integration services for Telecom Operational Support Systems (OSS), Home Subscriber Server (HSS), 5G Subscriber Data Management (SDM). This includes customer experience solutions, digital twin technology, AI-led intelligent applications on radio, and eSIM capabilities. |
| Talent Integration | Integrated nearly 1,400 engineering and telecom specialists based in 39 countries. These integrated resources strengthen HCLTech's engineering depth and nearshore delivery capacity across key regions such as Japan, Spain, Romania, Italy, India, and LATAM. |
Anil Ganjoo, Chief Growth Officer and Global Head of Telecom, Media and Technology at HCLTech, stated that the acquisition and CTG integration allow HCLTech to bring together deep telecom expertise, engineering excellence, and IP-led platform capabilities. He added, "Telecom providers are accelerating their journey from telcos to techcos, transforming their networks into intelligent, software-driven platforms... This is the next era of telecom, and we are excited and well placed to help shape it with our customers."
Rami Rahim, Executive Vice President, President and General Manager of Networking at HPE, commented on the collaboration, stating, "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."
HCLTech operates globally through more than 223,000 people across 60 countries. As of 12 months ending June 2026, consolidated revenues totaled $14.8 billion.
HCLTECH Stock Price Movement
Today, shares of HCL Technologies Limited edged up in the market, closing at ₹1377 after recording a strong 2.23% gain for the day. The stock saw robust activity, with traders handling approximately 2.31 million shares during the trading session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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