Wipro Rejigs Telecom Biz on Falling Sales

 Hurt by reduced  global spending by  struggling telecom equipment vendors on R&D, Wipro Technologies is rejigging its billion-dollar telecom vertical to focus more on areas such as telecom analytics and mobile broadband, where the end-customers are telecom operators, report Harsimran Julka & Indu Nandakumar from Bangalore. Traditionally, Wipro has been focussed on product engineering for telecom equipment vendors. "Earlier 100% of our revenues came from products. But a shift is now happening from product to services," Jayanta Dey, global head of consulting, solution & practice unit, telecom equipment vendor vertical, Wipro, told ET.