New Delhi, Dec. 19 -- HCLTech signed an agreement to purchase HPE's Telco Solutions business, further strengthening its market-leading position in the telecom industry.

Following an earlier transaction with HPE in 2024, HCLTech will, through this new acquisition agreement, further gain industry-leading intellectual property (IP), product engineering and R&D talent, and client relationships with top global Communication Service Providers (CSPs), the company said in a statement.

Telco Solutions supports more than 1 billion devices through its solutions, across 200+ deployments globally. It enables Operations Support Systems (OSS), Home Subscriber Server (HSS) and 5G Subscriber Data Management (SDM), with advanced AI-led closed-loop networ...