Etisalat launches Indian software subsidiary
Etisalat yesterday unveiled a new software subsidiary, based in Bangalore, which will develop applications for the telecom sector
UAE telecom Etisalat said on Tuesday that it has set up a software company in India, which will deliver solutions and mobile applications for the communications sector.
Etisalat said the subsidiary, Etisalat Software Solutions, would be based out of Bangalore and operate under the Technologia brand name.
It said the company would develop software products and mobile applications for telecoms, focusing on products, custom development and consultancy.
Technologia will provide services to Etisalat, its subsidiaries and other companies in the region, it added.
The subsidiary will initially employ 50 software engineers, with plans to expand to 250 employees in the coming years
"A key objective for 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 statement.
Ali Al Sharhan, chairman of Technologia added: "We see a great future ahead of us. With the talent pool we have on board, as well as the creative independence placed for Technologia, we are aiming to succeed."