September 4, 2012 / 8:49 AM / 8 years ago

Tech Mahindra buys Hutch's India call centre for $87 million

(Reuters) - Indian software services provider Tech Mahindra Ltd (TEML.NS) said on Tuesday it has bought Hutchison Whampoa Ltd’s 0013.HK back-office call centre business in the country for $87.1 million (55 million pounds).

Hutchison Global Services provides services to the clients of Hutchison’s mobile firm in the UK, Ireland and Australia, the statement said, adding the business has over 11,500 employees in India.

As part of the deal, the clients of Hutchison Global have committed to procure services worth $845 million over a five-year period, said Tech Mahindra, a unit of India’s Mahindra & Mahindra Ltd (MAHM.NS).

Reporting by Sumeet Chatterjee in Mumbai; Editing by Anand Basu

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below