Swan Telecom | Tech Mahindra receives It Contract from Etisalat DB Telecom

Tech Mahindra is supposed to have received $500 million of outsourcing contract from Etisalat DB Telecom India. A Letter of Intent for the same has also been filed to Tech Mahindra.

Wipro and IBM were the other chief bidders for the ten year entire IT outsourcing agreement.

Emirates Telecommunications Corporation had obtained 45% stake in Swan Telecom for $900 million in September 2008 and after which they altered the name of the company to Etisalat DB Telecom India. Advertisements

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