Vodafone's Indian joint venture is transferring all of its information technology-related work to IBM Corp. under a 5-year contract that will reduce costs and improve services, the company said Monday.
The company did not disclose the deal's value, but IBM said a similar contract earlier this year from Idea Cellular, whose network and subscriber base is half that of Vodafone Essar Ltd., is expected to be worth between $600 million and $800 million over 10 years.
Vodafone Essar is India's fourth-largest cellular phone company, in which the British company acquired a controlling stake for $10.9 billion in May.
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How I wish i can hear something like this for the Philippines too :)
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