By Express News ServiceBENGALURU: IT services company Infosys has bagged a $1.64 billion deal with Liberty Global, a converged video, broadband and communications company. The parties have entered into an initial 5-year agreement, with an option to extend to 8 years and beyond. Infosys will provide services to Liberty Global estimated at $1.64 billion over the initial five-year term and at $2.5 billion if the contract is extended to eight years. The collaboration allows Liberty Global to realise run-rate savings in excess of $109 million per annum, inclusive of other savings and technology investments, the company said. The parties have entered into an initial 5-year agreement, with an option to extend to 8 years and beyond.

Source: Indian Express August 16, 2023 14:07 UTC