Patni announces $200 million strategic deal with The Carphone Warehouse

17 Oct 2007

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Mumbai: Global IT services provider from India, Patni Computer Systems Inc, has signed a multi-year $200-million deal with the world''s largest independent mobile phone retailer The Carphone Warehouse, a UK FTSE 100 company.

Patni will become a key technology partner providing integrated services across consulting, systems integration, application development and maintenance. In addition, Patni will also be a key partner to The Carphone Warehouse for developing next-generation systems for its global telecom and retail operations. These services will be delivered across pan-European locations by Patni''s global consultants and global delivery centres in India.

"The Carphone Warehouse is undergoing a rapid transformation of its business," said Simon Post, chief technology officer, The Carphone Warehouse. "It is critical that we are able to react rapidly to changing market conditions from a technology and operational perspective. We see Patni as a strategic partner who will enable us to create a competitive advantage in the market." Simon Post was recently voted among the ''Top 10 CIOs for 2007'' by Silicon.com.

Mrinal Sattawala, COO, Patni, said, "In today''s world, customers want innovation and agility coupled with operational excellence and cost leverage. We have delivered value to CPW across a set of large, complex engagements involving multiple service lines, and this contract creates the opportunity for both firms to drive sustaining mutual value through a strategic, multi-year engagement structure."

Patni''s telecom business offers end-to-end solutions to its customers including consulting, package implementation, systems integration, application development and maintenance, testing services, business process outsourcing and infrastructure support services. It contributes 14.1 per cent to Patni''s revenues.

Patni recently acquired Logan Orviss International - a telecoms consulting firm, to strengthen the Company''s consulting and advisory capabilities for its telecom clients.

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