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Tech Mahindra signs contract with BT

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CIOL Bureau
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MUMBAI: Tech Mahindra Ltd has announced the signing of a five year deal to provide BT with strategic sourcing services. This contract is expected to create new revenue for the Company in excess of $1 Billion over this period. The company will support BT’s planned growth of managed services to business customers around the globe and continue to provide ongoing services related to BT’s internal systems, processes and re-usable platforms.

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The company and BT Group have worked together for 20 years on a range of projects which have proved very successful for both parties. This deal builds upon and strengthens the productive working relationships developed during that time.

Both companies will work together on creating and operating a global delivery organisation, by leveraging and augmenting the Company's existing delivery centres, to achieve greater flexibility and efficiencies in addressing client requirements.

Vineet Nayyar, Vice Chairman and MD, of the Company said: "We are proud to be BT’s preferred partner for its internal IT requirements and this new opportunity will enable us to assist BT serve their external customers even more effectively. We feel privileged that BT has selected us for this opportunity and takes our long standing relationship to a new level."

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