Dec 1, 2006

VSNL and TCS in talks with Cable & Wireless, a global telecom company

As per a leading business daily, VSNL and TCS, both Tata Group companies are in talks with Cable & Wireless, a global telecom company, for jointly providing IT and business solutions to the latter. If these talks prove to be successful, then both the companies would provide services such as system integration, system and network management and other value added services to Cable & Wireless. This could also translate into one of the major IT deals secured by the two companies, as Cable & Wireless provides telecom related services in 34 countries. While this move is part of TCS' strategy to win dealsacross service lines, geographies and verticals, the deal is likely to enable VSNL move from a pure-play long distance service provider to an information and communication technology services provider.

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