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Wipro And Tele2 In M2M/IoT Partnership To Tap European Market

Stocks in this article: A B WIT

STOCKHOLM and BANGALORE, India, December 20, 2013 /PRNewswire/ --

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and outsourcing company and Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) today announced a partnership to jointly develop solutions around Machine-to-Machine (M2M) and the Internet of Things (IoT).

     (Logo: http://photos.prnewswire.com/prnh/20121129/579804 )

Wipro and Tele2 have formed a strategic partnership to provide business customers with M2M/IoT solutions that will help them reduce cost and open up new revenue streams. The agreement will help customers implement solutions that will reduce time-to-market as well as the cost of development and operations.

Alan Atkins, Vice President and Global Head of M2M at Wipro, stated, "Wipro's partnership with Tele2 is driven by the growing demand and interest for M2M solutions across verticals from customers throughout Europe. Our relationship with Tele2 will enable both companies to provide customers with a compelling, end-to-end M2M service and business solution."

Rami Avidan, Head of Tele2 M2M Global Solutions, commented, "A partnership is the right way of going to market in the M2M/IoT world. At Tele2, we are actively focusing on our partnership strategy and by partnering with Wipro, we can now jointly offer an end-to-end solution that will help our customers realize business opportunities in a simple, flexible and secure way."

About Wipro Ltd.

Wipro Ltd. (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company that delivers solutions to enable its clients do business better. Wipro delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation, and an organization wide commitment to sustainability, Wipro has a workforce of 140,000 serving clients across 61 countries. For more information, please visit www.wipro.com  

About TELE2

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