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    507685   INE075A01022

WIPRO LIMITED

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Wipro : awarded multi-year IT Managed Services contract by leading converged solutions provider in Malaysia

09/15/2021 | 09:22am EDT

New York, USA, Kuala Lumpur, Malaysia and Bangalore, India - September 15, 2021: Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has secured a multi-year contract from Kuala Lumpur- headquartered Maxis Broadband Sdn Bhd, a leading converged solutions provider.

As part of this strategic partnership, Wipro will provide several aspects of IT Managed Services for hybrid Infrastructure and application maintenance. In addition, Wipro will enable new ways of working for Application Development and Testing Services and provide state of the art cybersecurity services for Maxis.

Wipro will support Maxis by leveraging its global service delivery model, telecommunications domain expertise, and Wipro Holmes, its Augmented Intelligence and hyper-automation platform. This will further modernize, automate, simplify and standardize part of Maxis' global IT Managed Services and testing functions, and consolidate many of their current vendors across non-Core application support and development, infrastructure maintenance, cyber security, and new ways of working.

Bhavya Kapoor, Managing Director - Southeast Asia, Wipro Limited said, 'We are delighted to be selected as a strategic partner by Maxis, and look forward to supporting them in their IT transformation journey. Our strong capabilities, backed by extensive global experience in working with some of the biggest telecommunication providers in the world, will enable us to deliver this transformational engagement. This partnership endorses the value we bring to the industry and bears testimony to our growing footprint in Malaysia, which is a strategic market for Wipro in Southeast Asia.'

Southeast Asia is one of the 6 focus regions that comprise Wipro's APMEA (Asia Pacific-Middle East - Africa) Strategic Market Unit. Wipro has been present in Southeast Asia for over a decade, and works with customers across the telecom, manufacturing, energy, natural resources, utilities, financial services, and retail industry verticals. Wipro also has a presence in the region through its acquired entities - Capco, a global management and technology consultancy providing digital, consulting and technology services to financial institutions, Designit, a strategic design firm specializing in transformative product-service experiences and Topcoder, the world's largest technology network and on-demand digital talent platform with more than 1.6 million developers, designers, data scientists and testers around the globe.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 200,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Media Contact:

Sony Shetty
Wipro Limited
sony.shetty@wipro.com

Forward-Looking Statements

The forward-looking statements contained herein represent Wipro's beliefs regarding future events, many of which are by their nature, inherently uncertain and outside Wipro's control. Such statements include, but are not limited to, statements regarding Wipro's growth prospects, its future financial operating results, and its plans, expectations and intentions. Wipro cautions readers that the forward-looking statements contained herein are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated by such statements. Such risks and uncertainties include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, complete proposed corporate actions, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our business and industry. The conditions caused by the COVID-19 pandemic could decrease technology spending, adversely affect demand for our products, affect the rate of customer spending and could adversely affect our customers' ability or willingness to purchase our offerings, delay prospective customers' purchasing decisions, adversely impact our ability to provide on-site consulting services and our inability to deliver our customers or delay the provisioning of our offerings, all of which could adversely affect our future sales, operating results and overall financial performance. Our operations may also be negatively affected by a range of external factors related to the COVID-19 pandemic that are not within our control. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission, including, but not limited to, Annual Reports on Form 20-F. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Disclaimer

Wipro Limited published this content on 15 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 September 2021 13:21:05 UTC.


ę Publicnow 2021
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Capitalization 3 727 B 49 707 M 49 697 M
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