Liberty Global, Infosys to Bring AI-Powered Digital Entertainment to Customers Worldwide thefastmode.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefastmode.com Daily Mail and Mail on Sunday newspapers.
The IT services company added that this deal will allow Liberty Global to realise run-rate savings in excess of €100 million per annum inclusive of other savings and technology investments.
Infosys and Liberty Global have entered into an initial 5-year agreement, with an option to extend to 8 years and beyond. Infosys will provide services to Liberty Global estimated at 1.5 billion euros.
Infosys inks 5-year, 1 5bn euros deal with Liberty Global navhindtimes.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from navhindtimes.in Daily Mail and Mail on Sunday newspapers.
Information technology major Infosys and Liberty Global, a London-based telecom firm, signed a 1.5 billion (about $1.64 billion) deal for five years to evolve and scale up the telco s digital entertainment and connectivity platforms, the companies said in a joint statement on Tuesday.
As part of the expanded collaboration agreement, the size of the contract will touch 2.3 billion (about $2.5 billion) if extended to 8 years.
The collaboration allows Liberty Global to realise run-rate savings of over 100 million (about $109 million) per annum, inclusive of other savings and technology investments, Infosys said in a statement.