TalkTalk Group has joined forces with Fujitsu to design and deliver a solution for the Post Office that will provide a next generation network (NGN) platform for the PO's Homephone and Broadband customers.
Fujitsu has partnered with TalkTalk to deliver the NGN platform, with Capita for the customer contact centre and with MDS for consumer billing.
It is anticipated that TalkTalk will see an aggregate revenue over the five-year term in excess of £100m.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Dido Harding, TalkTalk Group Chief Executive Officer, added: "We're very proud of the Wholesale opportunities we offer to our strategic partners and are delighted to be working with the Post Office and Fujitsu to provide next-generation broadband and telephony services in line with our long term strategy for leveraging the scale of our network and growing TalkTalk Business.
"Our advanced, highly resilient network reaches over 92% of the population in the UK enabling the Post Office to offer great value products to more people, more of the time."
TalkTalk's share price rose 0.265 to 155.10p by 12:08.
NR
-
Would you delay retirement to help your children through university?Parents are missing out on as much as £45,000 that could have gone into their pensions because they are using that money to pay their children’s way through university, according to new research
-
Family face £100k stamp duty bill after avoidance scheme crashes in court – the mistakes to avoidA couple faces a substantial stamp duty bill after trying to reduce the amount they owed
