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INDIA BUSINESS WORLD - 1st May To 15th May - 2009
WIPRO INFOTECH LANDS UNITECH TELCO'S MEGA IT DEAL
WIPRO Infotech, the India and Middle-East business arm of Wipro, said it has bagged a nine-year IT outsourcing contract from Unitech Wireless, the telecom arm of real estate firm Unitech.
While the companies did not share any financial details, people familiar with the deal said the contract is estimated to be worth Rs 2,500-2,800 crore.
One of the new entrants, Unitech Wireless needed to outsource its IT needs to focus on its core business.
This is the second big contract won by Wipro in the country during the past three months, after the company signed a six-year, Rs 1,182-crore deal with the Employees' State Insurance Corporation (ESIC) two months ago.
According to a person familiar with the bidding, Unitech Wireless had shortlisted IBM, Tech Mahindra and TCS for the contract, apart from Wipro. Norwegian telecom group Telenor holds 67% stake in Unitech Wireless.
Wipro will deploy component-based service delivery platform for Unitech Wireless to deliver a wide range of services, including multi-channel access, real-time information delivery, multimedia content and VAS. This will help Unitech compete with established rivals such as Bharti Airtel and RCom.
"Unitech Wireless has a customer-centred approach and the business-technology alignment will ensure subscribers get latest services," said Wipro joint CEO (IT business) Suresh Vaswani.
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