Infosys Consulting buys Singtel’s delivery hub in Malaysia

Infosys Consulting buys Singtel’s delivery hub in Malaysia
Photo Credit: Pixabay
15 Dec, 2021

Infosys Consulting Pte. Ltd. today said it is acquiring 100% of the share capital of Singapore Telecommunications Ltd’s (Singtel) delivery centre in Malaysia - Global Enterprise International Malaysia, for about $4.4 million.   

The acquisition is aimed at bolstering its presence in Malaysia as a strategic delivery and sales hub in South East Asia for global clients.   

Read more: Digital share in marketing in India increased threefold in five years: Study

“This move also aligns with Infosys’ long-term strategy for communications, media, and technology (CMT) vertical including platform led transformation of customer and service experience for clients,” Infosys said in a statement.   

This comes at a time when Indian IT services companies are trying to scale up their consulting practice to compete with global peers like Accenture and Capgemini. 

Bengaluru-based Infosys was one of the firsts among the Indian technology services ecosystem to deploy a dedicated management consulting arm in 2004.   

Also read: Infosys, MIT Technology Review launch forum to boost global cos cloud journey 

Incorporated in 2013, Global Enterprise International Malaysia is a step-down subsidiary of Singtel and is based in Kuala Lumpur, Malaysia. It acts as a delivery centre to provide customer experience and technology services to Singtel.   

Global Enterprise International Malaysia generated revenues of MYR 67.4 million (about $16 million) for fiscal ended March 31, 2021.