Liberty Global Boosts Partnership With Infosys, Sees Annual Cost Savings Of €100M
Portfolio Pulse from Lekha Gupta
Liberty Global PLC (LBTYA) has expanded its collaboration with Infosys Ltd (INFY) to enhance its digital entertainment and connectivity platforms and ensure cost efficiency. The initial 5-year deal could extend to 8 years and beyond, with Infosys offering services worth €1.5 billion over the initial period and €2.3 billion if extended. Liberty Global expects to realize annual savings of over €100 million. The partnership will enable new customers to experience advanced digital services and create career opportunities for over 400 Liberty Global employees.
August 15, 2023 | 10:39 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Infosys's expanded partnership with Liberty Global could bring in revenues of up to €2.3 billion over the next 8 years. This could positively impact its financial performance.
The expanded partnership with Liberty Global could bring significant revenues to Infosys over the next 8 years, which could positively impact its financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Liberty Global's expanded partnership with Infosys is expected to bring significant cost savings and enhance its digital services. This could potentially attract new customers and positively impact its revenues.
The expanded partnership with Infosys is expected to bring significant cost savings to Liberty Global, which could improve its financial performance. Additionally, the enhancement of its digital services could attract new customers, potentially boosting its revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100