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IT

T-Systems wins 7-year outsourcing contract with Sparda Bank Group

Monday 16 April 2018 | 11:01 CET | News
Deutsche Telekom's T-Systems subsidiary has won a seven-year outsourcing deal with Germany's Sparda Banks in which T-Systems will provide IT and network infrastructure services to the banking group. The deal has a volume in the "mid three-digit million euro range", includes an option to extend the contract by another three years and involves the takeover of around 120 IT employees, said Telekom. The "classic IT outsourcing contract" is one of the biggest deals on the market over the past few months, they said.

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Categories: IT
Companies: Deutsche Telekom / T-Systems
Countries: Germany
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Prepaid has 32% of the market
United Kingdom  |  2018 Q2

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