Thursday, January 17, 2002
NEW DELHI
As part of a recast plan, Hughes Software Systems has hired
McKinsey&Co to ratify its new business plan targeted at
the telecom service provider (TSP) segment.
Company president and managing director, Arun Kumar, said:
"We have put together a concrete business plan and hired
McKinsey to ratify our plan on TSPs."
HSS, which has around 11 per cent share in software applications
market for shot messaging services (SMS) in India, is also
exploring opportunities in the Asia-Pacific region for this
product.
The focus areas in the future will be software solutions
for Internet protocol telephony, converged networks and applications
for 3G networks.
Kumar added: "The TSP segment retains a strong outlook
within the communications domain. We have made good progress
in our strategy to expand presence in this segment. We expect
our TSP offerings to generate incremental revenues and contribute
towards improving our growth rate in the next financial year.
Last updated : February 2, 2004
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