Tech Mahindra signs $400 million deal with Etisalat DB

Tech Mahindra, the Indian software outsourcing giant has entered into a 10 year deal with telecom operator, Etisalat DB.
The deal will provide the telecom operator with IT solutions and infrastructure requirements for its services that will roll out in 15 telecom circles. Both the parties have entered into $400 million deal that will stretch for 10 years.
Under the terms of the deal signed between both the parties, Tech Mahindra will take care of implementation of end-to-end IT applications and infrastructure of Etisalat DB and its subsidiary.
Etisalat DB Telecom is a joint venture between UAE-based Etisalat and Mumbai's Dynamix Balwas group and pioneers in state-of-the-art telecom infrastructure.
The company has the unified services access license for 15 circles enabling it offer mobile telephony, Internet service as well as fixed line telecom service. Globally, Etisalat has roaming deals with 520 operators.