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Saturday, August 15, 2009

Short Listed IT Co's For Bharti IT Contract : TCS, Wipro, IBM, Tech Mah

Four Indian IT majors have been short-listed for Bharti Airtel's IT contract : sources

Bharti does have a large outsourcing deal on the block. The deal is basically for the management of its inter-city fibre network. Sources tell us that this deal spans across five years and is valued at between USD 500 million and USD 600 million.

Sources also tell us that ten IT majors have bid for this deal out of which four IT majors have been short-listed. The names that we are picking up are Tata Consultancy Services, Wipro, Tech Mahindra, and IBM. Now, sources tell us that IBM is likely to have an edge over the other IT firms because IBM is already working on an Airtel deal, which is valued at around USD 150 million and spans across six years.

Wipro and Tech Mahindra follow IBM in their presence in the telecom space. When we contacted Airtel to give us a specific on which other IT companies that have been short-listed, Airtel was unavailable for comment.

We also learnt that the earlier contract that IBM had bagged is likely to be extended over a period of couple of years.

source: MC

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