IBM wins... outsourcing deal from India [MASSIVE SPIN]

[cprise]

NEW DELHI (AFP) - Turning the tables on the outsourcing controversy in the United States, India's largest private telecoms firm, Bharti Televentures, awarded an in-house IT services contract to US computer giant IBM worth up to 750 million dollars.

The move by Bharti, one of the most aggressive Indian telecoms players, to outsource its IT needs to the US firm comes amid a raging controversy in the United States about jobs being shifted to India and other developing nations where labour is cheaper.

"Arrangements like this will take the sting out of outsourcing," said Sunil Bharti Mittal, chairman of Bharti Televentures.

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http://story.news.yahoo.com/news?tmpl=story&cid=1509&ncid=738&e=11&u=/afp/20040326/tc_afp/india_us_telecom_it_ibm


The story goes on to say essentially that Bharti's 3rd-world IT labor will be shifted to "US computer giant IBM."

But there are no US jobs in this!

So this takes the sting out of outsourcing FOR WHOM? Rich, non-working "US computer giant" investors!

[daa]

1. Its not IBM: its" the Indian unit of IBM"

Bharti awards IT management order to IBM

http://timesofindia.indiatimes.com/articleshow/583378.cms

REUTERS< FRIDAY, MARCH 26, 2004 02:18:23 PM >

NEW DELHI : Bharti Tele-Ventures Ltd, India 's top provider of GSM-based mobile services, said on Friday it had awarded an information technology management order to the Indian unit of IBM.

Based on the estimates agreed between Bharti and IBM, the total deal for the first five years is estimated to be in the range of $250-$275 million and for a 10-year period the total deal is likely to be in the range of $700-$750 million, a Bharti statement said.

Bharti, 28 per cent owned by Singapore Telecommunications Ltd, was one of the earliest entrants in India 's booming mobile services sector, one of the fastest growing markets globally.

[cprise]

2. I got the Yahoo AFP link from IBM's internal news page

Interesting how the western-facing news has substantial spin about the 'US company' getting a contract 'from India' that is supposed to alleviate outsourcing pains--- and the Indian piece has none of that.