Tech Mahindra has received a $700-million contract from British Telecom (BT) for transforming and improving BT''s IT estate or infrastructure. It also gives boost to Indian IT at a time when the US subprime crisis and talks of slowdown had affected IT services companies. This is the third big contract for Tech Mahindra that the telecom services major has bagged from BT. previously, Tech Mahindra had bagged a $350-million contract and a $1 billion IT outsourcing deal from BT.
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