TCS, Infosys in fray for Airtel's $1-2b IT contract

Tags: News
Domestic firms including TCS, Infosys and Wipro are vying for Bharti Airtel's IT services contract said to be worth $ 1-2 billion, which is likely to close soon.

Airtel, the country's largest telecom operator, had scaled down the value of its IT services contract, which was renewed with IBM last month for a five-year period.

The previous agreement between the two companies was based on revenue sharing and was worth $ 2 billion, sources said at the time. For the renewed pact with IBM, the value is about $ 500-$ 550 million, they said.

As Airtel had indicated it might bring in more partners for its IT needs, these domestic firms are in talks with the operator, although nothing has been finalised, sources said.

When contacted, Airtel refused to comment.

While announcing the contract renewal with IBM, Airtel had said it would develop its own capabilities and indicated that it may rope in more partners for its IT needs.

"As part of the new vision, Airtel is also building in-house capabilities and a strong partner eco-system," the company said in an April 2 statement announcing the selection of IBM to manage IT infrastructure and applications for its operations in India.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi’s latest ban on 260 entities plugs a major loophole for stock manipulation

    Last week, the capital market regulator, Securities and Exchange Board of India (Sebi) banned 260 entities from dealing in the securities market for m

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Kumar Jain

Nuances in managing joint ventures

This is an age of collaboration. A seemingly simple device ...

Kuruvilla Pandikattu SJ

Finding the missing child of Christmas

Christmas is basically the feast of a helpless child. The ...

Shona Adhikari

Why Indian art auctions are here to stay

With Christie’s second India sale just over in Mumbai, we ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture