Telecom Bpo Company’s Revenue To Touch $2Bn
Thursday, May 28th, 2009
Outsourcing revenues from the telecom sector in India are set to grow at a CAGR of 31% to nearly $2 bn in 2012, according to a first-of-its-kind study on the potential of the domestic BPO industry by Ernst & Young. Bharti has been growing at CAGR of 41% in the past two years. The telecom industry has been adding around 10 million subscribers every month with a subscriber base of 375 million in 2008-09.
India’s largest mobile services provider, Bharti Airtel, which played a pioneering role by outsourcing many of its non-core functions in 2005, is changing the way Indian firms have traditionally run business and putting pressure on others to follow suit, the consultancy said in the study. Telecom revenues made up 50% of the domestic BPO revenues at $661 million in 2008.
“This domain (telecom) has already witnessed a couple of large outsourcing deals in recent months and the trend is expected to continue,” said Ernst & Young partner Milan Sheth. The trend started in August 2005 with Bharti Airtel signing a $272.2-million deal with four global BPO companies—IBM Daksh, Mphasis, Teletech and HTMT—to outsource its call centres. (more…)
Three senior support managers at Satyam Computer’s BPO unit have resigned. A company spokesperson said Satyam BPO Global Head (Human Resources) Naresh Jhangiani along with V Satyanandam (Head of corporate services) and Kulwinder Singh (Head of marketing- Asia Pacific) have resigned.
The result of the survey conducted by the Business Processing Association of the Philippines (BPA/P) and Outsource2Philippines (O2P) showed that 83% of the respondents said they were affected by the crisis but stated that the impact was “moderate” or “minor.” Meanwhile, 16% of the surveyed BPO executives said the effect of the crisis on their business was “significant,” and only 5% responded with “very significant.”
It seems light is round the corner at the end of the tunnel. According to a report, Infosys BPO has opened the gates for hiring again. The company signals business needs and new projects as reasons why it has started rehiring.



