Tuesday, June 9, 2009

Infosys Australia receives Telstra order for USD450m

Infosys Australia announced that it has been chosen by Telstra as a key strategic partner to support its five year USD 450 million AUD application development and maintenance contracts.

According to Telstra CIO and GMD Information Technology John McInerney, the agreement would deliver significant benefits to the companyand was an important milestone for Telstra IT.

''These expanded contracts contribute to our strategy and ensure an ongoing investment with our key partners,'' he added.

Infosys Australia CEO Jackie Korhonen attributed the selection to Infosys’ transformation expertise and proven track record in meeting Telstra’s objectives.

In addition to the base spend for maintenance and support of core applications the Infosys-Telstra agreement covers a sizeable discretionary spend over the next five years.


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