Web 2.0 News Desk
Telstra Bails on Satyam
Australian telecom company pulls out of Satyam
Mar. 20, 2009 04:15 PM
Telstra, the big Australian telecoms house, has pulled out of fraud-beset Indian outsourcer Satyam according to the Australian, which puts the value of the applications support contract at $21 million a year. It's reportedly moving the account, worth roughly 35% of Satyam's Australian revenues, to HP-owned EDS.
About Maureen O'GaraMaureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025. Twitter: @MaureenOGara
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