TTLS and TCS in a Rs 1,000 cr deal

TTSL for strategic outsourcing of its entire IT infrastructure management to TCS, a deal estimated at Rs 1,000 crore over the next 5 years.

Tata Teleservices (TTSL) announced on Wednesday, a strategic outsourcing of its entire IT infrastructure management to Tata Consultancy Services (TCS), a deal estimated at Rs 1,000 crore over the next five years.

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"The partnership with TCS will provide a comprehensive IT roadmap for TTSL with a state-of-the-art infrastructure to support existing and new business initiatives while delivering high quality service," the company said in a statement in Mumbai.