British Telecommunications (BT) has awarded a US$1 billion outsourcing contract to an Indian services company to support the growth of BT’s managed services for businesses worldwide.Tech Mahindra, of Pune, will add 3,000 to 4,000 new staff during the course of the five-year contract, which also includes services related to BT’s internal IT systems.The Indian company will establish centers close to the BT customers it serves, although most of the staff additions will be in India to take advantage of the lower cost of staff there, a spokesman for Tech Mahindra said. SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe BT has a minority stake in Tech Mahindra, holding about 35 percent of the company. BT’s business counts for almost two-thirds of its revenue, not including the new contract. Tech Mahindra has about 17,000 staff serving telecommunications service providers, equipment manufacturers, software vendors and systems integrators.-John Ribeiro, IDG News Service (Bangalore Bureau) Related Links: BT Touts All-IP Network Benefits to Businesses BT Connects First Customers to All-IP Network BT U.K. IPTV Service Employs Microsoft PlatformCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe