Vodafone plans to outsource HEL’s IT operations to IBM in a deal pegged at $1.4-$1.6 billion.

Vodafone plans to outsource HEL’s IT operations to IBM in a deal pegged at $1.4-$1.6 billion. The contract, likely to be on a revenue-share basis, would be the largest-ever outsourcing deal to be signed by an Indian operator. The move will allow HEL to focus on its core business.