Airtel, Meta partner to boost digital connectivity; Infosys enters Sweden

Airtel, Meta collaborate for connectivity infrastructure

Telecom company Bharti Airtel and Meta Platforms announced a collaboration to support the growth of India’s digital ecosystem. Airtel and Meta will jointly invest in global connectivity infrastructure and communication-platform-as-a-service (CPaaS) based new-age digital solutions to support the emerging requirements of customers and enterprises in India, a statement said.

According to Airtel, foundational connectivity infrastructure—such as subsea cable systems—is crucial for supporting the rising demand for high-speed data and digital services as India prepares to roll out 5G networks later this year.

Airtel will partner with Meta and STC to extend 2Africa Pearls to India. 2Africa is the world’s longest subsea cable system and is expected to provide faster internet connectivity to almost three billion people globally. Airtel and Meta will extend the cable to Airtel’s landing station in Mumbai and also pick up the dedicated capacity to further strengthen its submarine network portfolio, significantly boosting India’s cable capacity.

Cisco, Team Computers set up CoE

Team Computers, an IT infrastructure and information solution provider, and leading networking technology company Cisco have jointly announced the launch of Xanadu—a Centre of Excellence (CoE) platform for real-time, real-life experiences of how complex IT infrastructure can be simplified.

According to a statement, the newly launched CoE will demonstrate how customers can enable this at speed and scale within their organisations. It will highlight the following aspects for businesses: Cloud Monitoring for Catalyst, optimise hybrid cloud journey, user and customer digital experience, and CXO Hybrid Workspace.

Daisy Chittilapilly, President, Cisco India and SAARC, said, “The new Centre of Excellence is aimed at providing a platform for our customers to experience first-hand how they can bolster their IT infrastructure and gain visibility into their newly distributed enterprises.”

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Infosys sets up new centre in Sweden

Infosys announced the setting up of a new centre in Gothenburg, Sweden. With this investment, the technology services company aims to enhance its localisation strategy in the Nordics by bringing next-generation digital offerings to its clients in the region.

According to Infosys, over the past two decades, it has been steadily growing its footprint across the Nordics. The new centre represents another step toward strengthening the strategic presence in Gothenburg, a major city on the west coast of Sweden and an emerging automotive, digital tech and green innovation hub in Europe.

Axel Josefson, Chairman City Executive Board, Gothenburg, said, “The centre will bring next-generational digital technologies and skills to the city and Nordic region. Infosys’ venture will significantly contribute to strengthening the internationally renowned technology cluster we have here at Lindholmen Science Park.”

Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, said, “With this latest milestone, Infosys is well poised to work ever more closely with our clients based out of the region and build next-gen solutions in areas like digital manufacturing, connected products, and online customer experience.”

LTIMindtree begins trading on stock exchanges

LTIMindtree, the technology company formed through the merger of Larsen and Toubro Infotech (LTI) and Mindtree, on Monday commenced trading on the Indian stock exchanges.

Formed on November 14, 2022, LTI Mindtree became the fifth largest IT services company in India by market capitalisation with a client portfolio of more than 750 global enterprises and nearly 90,000 professionals.

L&T Group and LTIMindtree Chairman A M Naik said, “It is a proud moment for us. LTIMindtree furthers L&T’s strategic vision of growing IT services into one of the core pillars of our overall business over the next few years. LTIMindtree combines LTI’s engineering and Mindtree’s software DNAs, blending their problem-solving and digital-first strengths into a unique value proposition for our clients, further reinforcing L&T’s acclaimed tradition of innovation, excellence, trust, and empathy.”

Under the merger agreement of two companies, shareholders of erstwhile Mindtree, delisted on November 23, 2022, have been issued shares of erstwhile LTI in the ratio of 73 shares of LTI (now called LTIMindtree) for every 100 shares of Mindtree. The parent company, L&T, holds 68.73% of LTIMindtree.