Wipro: Citigroup unit will boost infrastructure outsourcing

23.12.2008

Citi Technology Services is the second India-based operation to be sold off by Citigroup, which last month announced plans to . In October, Citigroup said it had agreed to sell Citigroup Global Services Ltd., which does business process outsourcing and IT services work, to for $505 million. As part of that deal, TCS will provide BPO services to Citigroup under a contract valued at $2.5 billion over a 9.5-year period.