Infosys has reportedly bagged a $50-million deal from telecom giant AT&T, with the Bangalore-based software exporter expecting the telecom player to become its first $100-million customer from Europe and the US in the coming years.
The deal will see Infosys providing support for billing and Web solutions for three years to AT&T on a pay-peruse model, thereby helping Infosys' telecom vertical break into European markets. This deal comes at a time when Infosys aims to scale-up its presence in the European continent as the telecoms space continues to witness muted growth in the US.
Infosys is a global leader in consulting, technology and outsourcing solutions. The company enables clients, in more than 30 countries, to stay a step ahead of emerging business trends and outperform the competition.
| Company Name | CMP |
|---|---|
| TCS | 2218.40 |
| Infosys | 1106.90 |
| HCL Technologies | 1203.00 |
| Wipro | 180.25 |
| Tech Mahindra | 1517.10 |
| View more.. | |
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