Yoigo Outsources to Telvent

Yoigo chooses Telvent for the outsourcing of its information systems

January 17, 2008

1 Min Read

MADRID, Spain -- Telvent (NasdaqGS:TLVT - News), the IT company for a sustainable and secure world, announced today that it had signed a contract with Yoigo, the cellular phone operator, to manage all of its information and communications systems. The total amount of the contract exceeds 4.7 million euros.

The new contract gives Telvent the mandate to handle Yoigo's global outsourcing and management systems. Thus, the contract benefits the telephone company and its clients. Specifically, Telvent will operate Yoigo's systems and work desks, as well as administrate and ensure the security of its telecommunications and data bases.

In addition, Telvent will support and offer basic consultancy on potential technology updates or improvements. Through this specialized attention, Yoigo's exploitation and evolution of business applications will be secured, along with the integration of said applications with third parties.

``It is a great opportunity to provide Yoigo with the tools to communicate with key market operators, while strengthening Telvent's ability to offer projects that ensure effective solutions through the most suitable technology. With this contract, Yoigo can guarantee the highest security level and service availability at the lowest operating costs and best guarantee,'' pointed out Jose Ignacio del Barrio, Executive Vice President of Telvent's Global Services division. ``The start-up of this project consolidates our capacity to adapt to the needs of Yoigo as it grows and develops its business,'' he concluded.

Telvent

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