Indian vendors set to gain from Telstra's revamp plan.

(From Business Line)

from BUSINESS LINE, November 16, 2005 Bangalore, Nov. 15 - THE Australian telecom giant, Telstra's latest move to cut 12,000 jobs over five years and revamp its network to reduce costs and improve its cash flows may benefit Indian vendors such as Infosys Technologies Ltd and Satyam Computer Services Ltd. Industry analysts said the Indian vendors, who have an ongoing engagement with Telstra, could land some of the jobs that the telecom giant may outsource as part of the restructuring plan. "Though it may be difficult to quantify now, Indian vendors would definitely see some benefit from Telstra's latest move as there would be an element of IT …