UAE-based telecommunication service provider etisalat yesterday unveiled a new subsidiary operation in Bangalore, marking its maiden entry into India.
Going by the brand name – Technologia, the subsidiary would develop software solutions for the telecommunication domain, Press Trust of India reported yesterday.
“The key objective of Technologia is to form a hub of innovation excellence to support our growing international portfolio of operators and telecommunications related subsidiaries,” etisalat CEO Mohammad Khalfan Al Qamzi said in a recent statement to the press.
Based out of 37,000 square feet office in Bangalore and registered as a 100 per cent export oriented unit, Technologia will provide software products and IT services to etisalat, its subsidiaries and other telecommunication companies in the region.
During the initial phase, Technologia will have 50 qualified software engineers, and it is expected to grow to 250 employees in the near future, the news agency said.
Internationally, etisalat provides telecommunications services in 16 countries in Africa and Asia.
Technologia will be an independent software vendor in India, wholly-owned by etisalat in the OSS/BSS domain of telecommunication services with particular focus on software products, custom software development and consultancy.
Etisalat enters India with new Bangalore subsidiary