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Wednesday, August 02, 2006

Bharti signs Rs 450 cr BPO deal with IBM

Bharti signs Rs 450 cr BPO deal with IBM
Bharti Airtel is understood to have entered into an agreement with IBM for managing its IT and network-related services.

The deal size is likely to be over Rs 450 crore (Rs 4.5 billion) for a period of 10 years, sources in the know said.

When contacted, company officials declined to comment. This is the second time Sunil Mittal-promoted Bharti is outsourcing its IT operations to IBM. Earlier in 2004, Bharti had signed an outsourcing deal with IBM for about $ 750 million for a period of 10 years.

Indian company outsourcing to an American company!

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