Wipro Eyes Amex, BoA Contracts
According to media reports, Wipro has placed its bid for an outsourcing deal, with an expected value in excess of $ 1 billion, with American Express (Amex). Amex is offering this contract as its seven-year, $4 billion outsourcing deal with IBM expires next year. Wipro is also reported to be in pursuit of another deal of approximately $1 billion with the Bank of America (BoA).
Wipro’s attempts to win the contracts are in line with its strategy to increase its presence in the financial segment.
Monday, May 01, 2006
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