SingTel, Optus Wins Australian Banking Supply Contract

Singapore's SingTel has reached an agreement with the Australian bank, ANZ on a AU$500 million (US$366 million), five year contract to provide telecommunications and managed network services. As part of the contract, SingTel and its Australian subsidiary, Optus Networks, will provide global managed network services to ANZ in Australia and 30 countries across Asia and the Pacific, including ANZ's technology and operations centre in Bangalore, India to support ANZ's super regional strategy.

As part of the agreement, SingTel will transform ANZ's network infrastructure to support enhanced global communication, providing a single platform for the delivery of voice, data and managed services to more than 34,000 staff. This will include the deployment of more than 20,000 IP telephones and 40 advanced video conferencing units across the region. In Australia, Optus will also manage the roll out of a new data network to more than 850 ANZ retail branches, as well as end-to-end management of call centre infrastructure.

SingTel's Mr Chang said: "SingTel is at the forefront of driving ICT innovation. We will leverage our innovation capabilities and assets to support ANZ in developing additional channels and products for ANZ customers across Asia and Australia."

Posted to the site on 4th May 2009