Tata Wins $100 Million IT Contract from UK Mobile Phone Retailer

UK mobile phone retailer, Phones4U has signed a US$100 million agreement with Tata Consultancy Services (TCS) to provide a full range of managed IT services to 4uGroup, the holding company behind Phones 4u and other organisations in the UK telecommunication and financial services marketplaces.

"This relationship with TCS is part of our ongoing commitment to further enhance our business, deliver on our strategy and meet the ongoing needs of our customers," said Darren Billings, Chief Technology Officer at 4u Group. "TCS, with its strong track record of delivery and its unparalleled heritage within the Tata Group, was the partner of choice to help us meet these goals."

TCS has around 4800 people working in 65 locations in the UK.

"This contract demonstrates that while there is undoubtedly unrest in global markets, there is still interest and investment going into outsourcing contracts," said Ian Brown, Senior Analyst at Ovum. "However to close the deal, vendors need to show how they bring value to the table, in terms of high quality delivery, extensive skills and competitive pricing."

Phones 4u is a mobile phone retailer in the UK, with over 440 stores. The firm is noted for its aggressive marketing tactics - and was brought by the private equity group, Providence Equity Partners in 2006.

Posted to the site on 29th January 2009