Patni Comp in $200-mn deal with UK-based co

Patni Comp in $200-mn deal with UK-based co
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First Published: Wed, Oct 17 2007. 04 47 PM IST
Updated: Wed, Oct 17 2007. 04 47 PM IST
PTI
Mumbai: IT solutions provider Patni Computer Systems said on 17 October it has bagged a $200-million (Rs792 crore) contract from UK-based Carphone Warehouse for providing wide range of technology services.
“In today’s world, customers want innovation and agility coupled with operational excellence and cost leverage. This contract creates the opportunity for both firms to drive sustaining mutual value through a strategic, multi-year engagement structure,” Patni chief operating officer Mrinal Sattawala said.
Under the deal, Patni will become a technology partner with Carphone Warehouse, UK’s largest mobile phone retailer, providing consulting, systems integration, application development, and maintenance, the company informed the Bombay Stock Exchange.
Patni Computer Systems contributes 14.1% to Patni’s revenues, the company added.
Earlier in July this year, Patni Computer Systems had acquired Europe-based Logan-Orviss International, a leading independent specialist telecommunications consulting services company.
The acquisition further strengthened the Patni’s consulting and advisory capabilities for its telecom clients.
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First Published: Wed, Oct 17 2007. 04 47 PM IST