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Tech Mahindra bags $400mn Etisalat order

This article was posted on Sep 7, 2009 and is filed under Stock News

NEW DELHI: Etisalat DB Telecom and its subsidiary today awarded a contract to Tech Mahindra under which the IT solutions firm will manage the IT applications and infrastructure requirements of the telecom firm.

The contract is for the proposed roll out of Etisalat’s telecom services across 15 circles in India and is valued at over Rs 2,000 crore ($400 million), this association is intended to be spread over a period 10 years.

Under the terms of the agreement, Etisalat DB and its subsidiary would outsource implementation of its end-to-end IT applications & infrastructure including system integration and managed services to Tech Mahindra. The prime IT applications stack for Etisalat DB involves components in the BSS (Business Support System) and OSS (Operating Support System) domain.

Drawing from Tech Mahindra’s extensive international expertise of setting up greenfield IT operations across the world, Etisalat DB has entered into this market realistic association that will ensure faster go-to-market and a cost-effective roll-out of services.

According to a spokesperson for Etisalat DB, “Tech Mahindra has the required domain and process expertise with a proven track record as part of Etisalat’s launch of operations in Egypt. We are confident that Tech Mahindra’s exhaustive pool of IT skills and innovative delivery models will assist us in the forthcoming roll-out of service in India and delivering the best services & customer experience in the market.”

source: UTVI

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