Telstra said to have terminated contract with Satyam

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March 17th, 2009 Leave a comment Visited 56 times, 1 so far today

Telstra said to have terminated contract with Satyam

Australian telecom services provider Telstra is said to have terminated their outsourcing contract with Satyam.

The contract is said to be worth around $32 million per year.

Market reports say that the contract has now gone to EDS which is part of the US based giant Hewlett Packard.

Satyam has declined to comment on these reports in the media.

Satyam has been losing clients after it was revealed that its ex-ceo Ramalinga Raju was involved in a major financial scam.





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