| | AUGUST 20239Verizon Business announces a strategic global partnership making HCLTech its primary Managed Network Services (MNS) collaborator in all networking deployments for global enterprise customers, bringing together two global leaders in enterprise networking. The partnership combines Verizon's networking power, solutioning, and scale with HCLTech's market leading Managed Service capabilities to usher in a new era of large-scale wireline service delivery for enterprise customers.The partnership will offer customers a best-in-class MNS portfolio, a highly digitized experience with data-driven service models, enhanced efficiency and lifecycle management with frictionless interface, a broad end-to-end partner ecosystem, and joint innovation on an integrated platform.These improvements will help customers navigate increasingly complex operating environments across diverse locations, geographies, and devices -- while incorporating new technologies into their stack, including 5G, SD-WAN and SASE capabilities. HCLTech's digital-native MNS platforms and customer interfaces are designed to help them manage that digitally, quickly, and seamlessly.Kyle Malady, CEO, Verizon Business says, "HCLTech is a widely recognized industry leader for Managed Network Services, and with their IT service expertise and ongoing support of our enterprise networking deployments, Verizon Business can modernize our service delivery and simultaneously heighten our focus on helping customers incorporate next-generation technology like 5G, SD-WAN and SASE into their operations and their own customer offerings. IT/OT convergence is the future of data-centric business operations, and with the fast-accelerating pace of digitalization, customers need a well-coordinated delivery framework to realize that future."C Vijayakumar, CEO and Managing Director, HCLTech says, "Managed Network Services is core to our business, and we're proud to collaborate with Verizon Business to lead MNS in all of their network deployments, modernization and operations for private enterprise. Our data-driven service delivery, advanced network capabilities and frictionless customer interfaces combined with the unique strengths and resiliency of the Verizon network will enable enterprises to drive better business outcomes and time to market. I am excited to welcome the incoming employees from Verizon Business Global Customer Operations and look forward to a successful and fulfilling journey together." VERIZON BUSINESS FORMS GLOBAL STRATEGIC PARTNERSHIP WITH HCLTECH FOR MANAGED NETWORK SERVICESIN FOCUSThe partnership combines Verizon's networking power, solutioning, and scale with HCL Tech's market leading Managed Service capabilities to usher in a new era of large-scale wireline service delivery for enterprise customers
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