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Pune – November 11 th , 2025: Tech Mahindra (NSE: TECHM), a leading global provider of
technology consulting and digital solutions to enterprises across industries, today announced
a licensing agreement with AT&T for its proprietary Automated Network Testing (ANT) and
Open Tool platforms. These applications deliver an advanced platform designed to transform
network testing and certification across Long Term Evolution (LTE), 5G Non-Standalone
(NSA), and 5G Standalone (SA) domains.

Tech Mahindra will integrate the ANT and Open Tool into its suite of telecommunications
solutions, which will empower Communication Service Providers (CSPs) to conduct network
health checks, connectivity tests, and debugging with unprecedented speed and precision,
ensuring a robust and reliable network for the customers. The ANT platform provides a user-
friendly graphical interface, a robust test execution engine, and an automated backend to
simplify test execution and validation of networks. It acts as an orchestrator, seamlessly
integrating with multiple external industry traffic generation tools.

Manish Mangal, President and Head – Americas Communication Business, Tech
Mahindra, said, “Networks have become the invisible lifeline of our digital society, every
innovation, every human connection, every leap forward depends on them. In an era of
unprecedented technological change, maintaining network reliability requires testing at
equally unprecedented speed and scale. Integrating these AT&T applications enables us to
reimagine network reliability in the AI-native era, providing global telecom operators with a
highly automated solution for end-to-end network testing and certification.”

The licensing agreement represents a significant milestone in an ongoing collaboration
between Tech Mahindra and AT&T, showcasing their shared commitment to innovation in the
telecommunications sector. A key component of this platform is the Open Tool, a versatile
data and voice traffic simulation tool developed by AT&T. This tool is crucial for certifying and validating the functionality and connectivity of the mobile packet core network in both lab and
production environments.

Kelly Marlar, Vice President and Managing Director of AT&T Intellectual Property, LLC,
said, “This licensing agreement highlights AT&T’s dedication to innovation and the value of
our technology development. Licensing relationships like the one with Tech Mahindra
transform our investments into new growth opportunities for AT&T, our licensees, and the
industry. By working closely with trusted third parties, AT&T Intellectual Property helps
accelerate innovation, drive new revenue streams, and bring proven solutions to market
faster. This agreement is a strong example of how our technology licensing program is open
for business, and we look forward to collaborating with more companies to deliver value and
advance the industry together.”

As part of this agreement, Tech Mahindra will now offer this proven solution to wireless
providers in global markets where AT&T does not operate. This license aligns with Tech
Mahindra’s focus on enhancing and scaling customer service for global telecom providers
with advanced telecommunication technologies. With a strong presence in the telecom
industry and over 250 customers across 90 countries, Tech Mahindra is a trusted
transformation partner with leading capabilities in network engineering and simplifying
customer experience.

About Tech Mahindra

Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises
across industries, enabling transformative scale at unparalleled speed. With 152,000+ professionals
across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services
including consulting, information technology, enterprise applications, business process services,
engineering services, network services, customer experience & design, AI & analytics, and cloud &
infrastructure services. It is the first Indian company in the world to have been awarded the
Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively
leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the
Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of
companies. For more information on how TechM can partner with you to meet your Scale at Speed™
imperatives, please visit https://www.techmahindra.com

For more information on Tech Mahindra, please contact:

Abhilasha Gupta, Global Head – Corporate Communications, Tech Mahindra
Email: [email protected] ; [email protected]

Global oil and gas demand will rise for the next 25 years if the world does not change course, the International Energy Agency has said, in a new scenario that reflects governments’ fading commitment to climate change.

Until this year, all of the Paris-based body’s modelling assumed that fossil fuel consumption would peak this decade, a claim that was hotly contested by the oil and gas industry and the White House.

But in its latest World Energy Outlook, published on Wednesday, the body, whose research helps to shape global energy policies, said if the world continued on its present trajectory, oil and gas demand would continue to rise and there would be no meaningful fall in CO₂ emissions.

It laid out a scenario taking in countries’ changing stance on climate goals, as well as a growing desire for secure and affordable energy and a slowdown in the growth of electric vehicles.

“Climate change is declining — and declining rapidly — in the international energy policy agenda,” Fatih Birol, the head of the IEA, told the Financial Times. “And this is happening while 2024 was the hottest year in history.”

The report, released as leaders gather in Belém, Brazil, for the COP30 climate change summit, states it is now “all but certain that 1.5 degrees of warming will be exceeded within a decade or less, and that pathways that limit this overshoot to low levels have now slipped out of reach”.

The IEA said it had not introduced its new scenario in response to pressure from the US, which has strongly criticised the notion of “peak oil” as it attempts to boost its fossil fuel industry and achieve “energy dominance”.

In July, Chris Wright, the US energy secretary, told Bloomberg that the IEA’s modelling of peak fossil fuels was “total nonsense”, that he was in contact with Birol and that the US would either reform the IEA or withdraw its support. The US contributes 14 per cent of its budget.

The IEA said there was a “wider range of uncertainty around the outlook” this year, and it had discussed its approach with “all our member governments and they expressed their interest in multiple scenarios”.

Major oil and gas producers such as the US, Saudi Arabia and the United Arab Emirates have insisted the world needs all forms of energy, including oil and gas, in order to meet the surging demand for power from artificial intelligence and rising living standards.

Under the new scenario, called Current Policies, energy and climate change policies that are in force “remain as they are for the next 25 years and no new policies are introduced”, said Birol.

Traditionally the Current Policies scenario was included in the watchdog’s World Energy Outlooks but it was dropped from 2020 after campaigners said it had understated growth in renewable energy sources. However, the decision drew criticism in the US, where the House committee on energy and commerce pushed for its reintroduction last year.

“For some people it is very optimistic, for some people it is very pessimistic,” Birol said, adding that the IEA did not assign any probabilities to each of its scenarios. “We just put the scenarios on the table.”

The Current Policies scenario envisages the share of EVs reaching a plateau of about 40 per cent by 2035, and oil demand growing from 100mn barrels a day in 2024 to 113mn b/d by 2050, underpinned by the aviation, trucking and petrochemical industries.

Under the IEA’s Stated Policies scenario, which reflects energy and climate policies that have been proposed, if not yet put into law, oil demand peaks at 102mn b/d by 2030 with half of all vehicles sold in 2035 being electric.

Both scenarios also assume strong growth in gas, but that the use of coal peaks this decade before declining.

At the heart of all of the IEA’s projections is a huge growth in electricity demand, which rises roughly 40 per cent by 2035 in both the Current Policies and Stated Policies scenarios and 50 per cent in a more ambitious Net Zero scenario.

By 2035, 80 per cent of energy consumption growth would come in regions that were well suited to solar power, it said.

The IEA said this demand growth was driven by the increasing penetration of white goods and air conditioners, as well as advanced manufacturing and data centres.

While investment in data centres was concentrated in advanced nations, the energy sector would be increasingly shaped by emerging economies led by India and south-east Asia and including the Middle East, Latin America and Africa, it added.

Representatives of the renewable energy industry noted all of the scenarios the IEA suggested show continuing huge growth in clean energy.

“Nearly all new electricity demand — driven by manufacturing growth, AI, cooling needs, and the shift to electric cars — will be supplied by renewable energy,” said Bruce Douglas, chief executive of the Global Renewables Alliance. 

Data visualisation by Ella Hollowood in London