TCS sign five year contract with du, stock down

MUMBAI: Tata Consultancy Services has signed a five year contract with du, an integrated telecom service provider in the United Arab Emirates, to provide IT managed services. TCS will provide support to du in enhancing customer excellence and service delivery levels.

du launched mobile telecommunications services in February 2007 across UAE. Moreover, the company provides internet and pay TV services in some of the free zones of Dubai.

Shares of TCS were at Rs 1080.55, down 1.62 per cent on the NSE. It touched a high of Rs 1114.50 and low of Rs 1078.25 intraday.