Thursday, August 6, 2009

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Tech Mahindra ranked No 1 telecom software service provider

Tech Mahindra, country's 5th largest software exporter, has been ranked as India's no.1 telecom software service provider by Voice & Data, India's no.1 communications magazine. According to the 14th V&D 100 annual survey conducted by the magazine, Tech Mahindra led the Rs 25,152 crore Indian telecom software service market in 2008-09 with 17.7% market share.

V&D100, which is considered to be a definitive ranking of the players in the Indian telecom services space, states that Tech Mahindra grew 19% to clock consolidated revenue of Rs 4464 crore for the year ending March 2009. The Voice & Data annual awards are considered as the hallmark of the Indian Telecom and IT industry. The awards are decided after extensive in-house research and analysis by Voice & Data and the research findings are published in the annual V&D 100 survey conducted by the publication.

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