- Connect with us:
- |
- |
- RSS
- |
- Newsletter
-
IBM Loses Telstra Contract to Infosys|
- By CXOtoday Staff, Mar 25, 2009 1228 hrs IST
- Tags : IBM, Telstra, Infosys Technologies, CXOtoday, Australia, IT outsourcing contracts, The National Australia Bank, International Business Machines
-
Telstra Corp., an Australian phone company, has ended one of its information technology outsourcing contracts with International Business Machines Corp (IBM). It has now roped in Infosys Technologies for the same.
IBM Global Services' multimillion dollar applications support contract with Telstra has been scrapped as a result of the telco reducing its outsourcing partners from four to two, as per an Australian media report.
The decision to shift from IBM to Infosys could result in hundreds of job losses locally and in Bangalore, where IBM operates outsourcing centres, the report said.
'The Australian reported that IBM staff were told the scrapping of the vendor's software support would represent about 50% of its $1 billion, six-year deal with Telstra, signed in early 2006.
Less than a week ago, Telstra terminated its IT outsourcing contract with fraud-hit Satyam Computer Services. Telstra is the second major Australian company to do so after The National Australia Bank decided in February to suspend future work with the Indian outsourcer since the disgraced Indian outsourcer's accounting scandal came to light.
The IBM India spokesperson could not be reached for comment while the Infosys communication person said, "We are in our silent period and will not be able to comment on the issue."
Related Links
IBM Acquires Telelogic
Infosys, Microsoft Launch Supply Chain CoE
-
Discussion Board
- Write a message
- When you talk, we listen
- Do you find CXOtoday useful?
Advise us on how to make it better.
- Advertisement
- Case Studies & Whitepapers
- SBI Funds Management (SBI FM) deploys speech-recognition technology in thei...Read More
-
Editorial
-
Change is the only constant goes the well worn adage. Well, we too, here at CXOt...
Read More
- Advertisement
-
