Friday, 24 March, 2023

Tech Mahindra to focus on 5G adoption to drive growth

<p>Tech Mahindra expects that 5G network has an addressable potential of 20-50% of the total market size of between $40-50 bn. The Pune based firm is building its own IP and increasing investments in network research and connected devices as it feels that opportunities would be largely in three areas -- network services for telecom firms, &nbsp;5G for enterprises and R&amp;D spends on networks and devices. It has also built a large deals team to increase revenues to reduce volatility.&nbsp;</p>