IBM the defacto IT Outsourcer for the Indian Telecom Industry
Filed in archive Outsourcing by prashanth on March 29, 2007
First it was Bharati Airtel, than recently there was the IDEA deal, well now looks like HUTCH is also going down the same path, Hutchison Essar is now looking at outsourcing its IT operations to technology giant IBM. The deal could be valued between $1.4 billion and $1.6 billion, sources close to the development told ET.
If it comes through, the contract will be the largest-ever outsourcing deal to be signed by an Indian operator. It will also be the biggest win in India for Big Blue, which saw 37% growth in revenues here last year. Sources said the contract has been discussed with Vodafone CEO Arun Sarin. The company had picked up a 67% stake
in Mumbai-based Hutch last month. "Mr Sarin is in favour of outsourcing as it will allow the company to focus on its core business," sources added.
Source: 1
Permalink: IBM the defacto IT Outsourcer for the Indian Telecom Industry
Tags:
IBM Telecom India Outsourcing 2007 defacto+outsourcer indian+telecom telecom+industry
Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/60390
