Cable&Wireless signs £300m contract with Aviva

BANGALORE, INDIA: Cable&Wireless Europe, Asia & US (EAU) signed a six-year contract, worth.£300m, with Aviva.

As per the contract Cable&Wireless will provide a full communication suite – 72 separate services including voice telephony, data, local and wide area networks (IP-VPN and MPLS) and international services - to Aviva.

The new services will help Aviva continue to improve communication with its millions of customers, who are increasingly interacting with the company through e-mail and e-commerce tools. The IP-based services will also enable Aviva to achieve significant cost savings without reducing its communication facilities.

The contract, which extends to 2014, underlines Cable & Wireless’ strength as a telecom provider to global insurance companies, and in the broader financial services industry.

Jim Marsh, CEO, Cable&Wireless Europe, Asia & US, said, "This is an excellent win for Cable&Wireless, and a tangible vote of support in our service and reliability.”

Igal Mayer, CEO, Norwich Union Insurance, said, “It is important for our market success that we are able to respond to business and customer needs promptly and reliably. Cable &Wireless understand this and can bring solutions to the table that meet our requirements. This contract represents a significant commitment on both sides to ensure cost effective service against the backdrop of a highly competitive marketplace."