Cyient, a global engineering, manufacturing, and technology solutions company, announced that it has joined TM Forum, an international industry association that drives digital business transformation of the communications industry through collaboration and innovation.
With over two decades of expertise working with large Communication Service Providers (CSPs) in network planning, design, and transformation, the company has become a member of this industry association to collaborate globally with other members and the service provider community to develop improved and customized solutions across various industries. As a member, Cyient will contribute its global domain expertise to the Forum around key themes such as future-fit connectivity, autonomous operations, customer experience, and network transformation.
Commenting on the association, Prabhakar Alta, SVP and Global Head - Communications and Utilities Business, Cyient said, "We remain committed to enabling the technology-led transformation of networks and complementing it with engineering capabilities suited for Enterprise needs across various industry verticals. Our TM forum membership would accelerate this transformation by collaborating and learning from the collective experience of market-leading communications service providers, technology providers, and global enterprises. Our recent recognition from NASSCOM for the rollout of a 5G network for one of our customers is testament to our commitment and capability."
"We're pleased to welcome Cyient to TM Forum," said Nik Willetts, CEO, TM Forum. "As a member, Cyient is joining forces with our growing partner ecosystem to help global connectivity and digital service providers achieve their digital transformation and cloud migration goals, while also collaborating on the next-generation of standards and frameworks for the TMT (Technology Media & Telecommunications) industry."
We at Cyient leverage our DNA in networks, engineering, and convergence with a robust technology partner ecosystem to support Communication Service Providers in enhancing their customer experience and strengthening their Enterprises' network infrastructure and operations. Cyient provides multiple solutions across Intelligent Infrastructure, Smart Operations, and Enterprise Network Transformation.
Shares of Cyient Limited was last trading in BSE at Rs. 1081 as compared to the previous close of Rs. 1112.55. The total number of shares traded during the day was 326869 in over 1599 trades.
The stock hit an intraday high of Rs. 1112.3 and intraday low of 1071.55. The net turnover during the day was Rs. 357544383.