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Brian Muirhead

IT outsourcing deals worth $1 bn in limbo - 0 views

  • billion dollars worth of information technology (IT) outsourcing contracts is in a limbo after on Thursday’s Supreme Court verdict cancelling 122 licences of telecom firms.
  • Tech Mahindra had signed an outsourcing deal from Etisalat, with a revenue estimate of $400-500 million.
  • $500-600 million outsourcing deal with Uninor in 2009.
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  • MNC firm IBM, which has a $1 billion outsourcing deal with Bharti-Airtel, had also bagged a $200-million deal from Videocon-led Datacom Solutions.
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