Telstra splashes out on outsourcing

Australian phone firm Telstra has awarded around $1.2 billion in outsourcing contracts to Infosys, EDS and IBM, as part of a major vendor consolidation exercise the company started last year, states Economic Times.

ET reported in March this year that Infosys has won over $100 million contract from Telstra, and EDS and IBM were front runners for new outsourcing contracts to be awarded by Telstra.

As part of Telstra's latest outsourcing contracts, EDS and Infosys will share $450 million application development and maintenance contract over five years, and IBM will walk away with $750 million deal for managing the phone firm's IT infrastructure.

British Airways has ditched plans to outsource elements of its main ba.com Web site to third party technology players, according to Travolution.

The airline, which began talking to a number of companies late last year, had been seeking to create efficiencies and reduce costs by finding different ways of working.

Travolution understands that it costs the airline in the region of £30 million annually to run ba.com.

Technology major IBM has signed a five-year IT outsourcing agreement worth $15 million with Eureka Forbes, reports Business Standard.

The end-to-end business transformation and IT outsourcing agreement with Shapoorji Pallonji Group subsidiary, Eureka Forbes, is valued at $15 million, IBM said in a statement.

As part of the deal, IBM will provide business consulting, package implementation, infrastructure and application management services to Eureka Forbes.