Tech Mahindra is looking at upcoming 5G rollouts in global markets as a big opportunity. The communication vertical accounted for 41.5 percent of its Rs 8,629 crore revenue in the September quarter. The revenue share of the segment had stood at 45.2 percent in Q1FY18, which had steadily declined to 39.6 percent by Q1FY19 before going up.
Tech Mahindra is a leading provider of solutions and services to the telecommunications industry with a majority stake owned by Mahindra & Mahindra. The company, since 2002 has operations in China with offices in Beijing, Shanghai, Nanjing and Guangzhou.