Signage is seen at a Verizon store in Manhattan, New York City, U.S., November 22, 2021. 1 U.S. telecom company by subscribers, said on Thursday it had signed a technology deal with India's HCLTech (HCLT.NS) to help manage networks for business customers in a bid to stem a decline in its wireline business. Verizon's wireline business, which includes selling to business customers, has been a drag on its revenue for several years. Under the terms of the deal, Verizon Business will lead sales and development, while HCLTech will take care of post-sale network roll-out and support. Some Verizon employees will also move to HCLTech.

---

Persons: Andrew Kelly, India's, Scott Lawrence, HCLTech, Lawrence, Supantha Mukherjee, Mark Potter Organizations: Verizon, REUTERS, Verizon Business, Thomson Locations: Manhattan , New York City, U.S, Stockholm