Sunday, March 18, 2007

BSNL to invest Rs 4,500 cr for convergent billing system

MUMBAI: Bharat Sanchar Nigam (BSNL) will invest over Rs 4,500 crore for introducing a convergent billing system across India. The PSU telco is close to finalising the winner for what will be one of the world's largest tenders for billing systems.

IT giants Wipro Infotech, HCL Technologies, TCS, Satyam Computers and Tech Mahindra have qualified technical evaluation and financial evaluation is underway. The contract will be split between two players and the winners are likely to be announced next month, sources told ET.

Read more at Economic Times