Samuel J Palmisano, Chairman, President & CEO of IBM will personally meet chairman of Reliance Communications Anil Ambani and pitch for an outsourcing deal worth $1.5 billion. In case IBM lands up with the deal it would be the third major contract for the company in India. IBM has a strong presence in India and is looking forward to focus on IT outsourcing contracts. As of now both the companies have declined to comment on the any developments taking place between them.
It is expected to be a ten year contract and four companies had been ahortlisted for this purpose - Accenture, EDS, IBM and T-Systems. Reliance Communications is looking forward to outsource its wireless business to a service provider for bringing down it’s projected IT spending and also remains asset light. The company would save to the tune of twenty percent and as a result also concentrate on its core competencies.
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