WNS Renews Contract With Sabre Holdings
January 04 2010 - 8:00AM
Marketwired
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global
business process outsourcing (BPO) services, today announced that
it has renewed its contract with Sabre Holdings, the world's
largest travel distribution and technology company. WNS will
continue to provide comprehensive front, middle and back office
services to Sabre Holdings and its affiliates including
Travelocity.
The contract renewal extends the strategic relationship between
Sabre and WNS through December 2015. Under the terms of the
renewal, while Sabre will not provide any minimum volume
commitments, WNS shall be the exclusive provider of certain key
services from delivery locations outside of the U.S., including
customer service and ticketing support for Travelocity.com in North
America, and accounting and fraud prevention services for
Sabre.
"The renewal of our contract with Sabre underscores the quality
of our domain capabilities, our value-add to the business, and the
strength of relationship between the two companies," said Anup
Gupta, Group Chief Operating Officer. "We look forward to
continuing our strong partnership."
About WNS
WNS is a leading global business process outsourcing company.
Deep industry and business process knowledge, a partnership
approach, comprehensive service offering and a proven track record
enable WNS to deliver business value to some of the leading
companies in the world. WNS is passionate about building a
market-leading company valued by our clients, employees, business
partners, investors and communities. For more information, visit
www.wns.com.
Safe Harbor Statement under the provisions of the United States
Private Securities Litigation Reform Act of 1995
This press release contains forward-looking statements, which
are made pursuant to the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements are based on our current expectations, assumptions,
estimates and projections about our Company and our industry.
Generally, these forward-looking statements can be identified by
the use of forward-looking terminology such as "anticipate,"
"believe," "estimate," "expect," "intend," "will," "project,"
"seek," "should" and similar expressions. Those statements include,
among other things, statements relating to our growth and our
service offerings. We caution you that reliance on any
forward-looking statement involves risks and uncertainties, and
that although we believe that the assumptions on which our
forward-looking statements are based are reasonable, any of those
assumptions could prove to be inaccurate, and, as a result, the
forward-looking statements based on those assumptions could be
materially incorrect. These factors include but are not limited to
worldwide economic and business conditions; political or economic
instability in the jurisdictions where we have operations;
regulatory, legislative and judicial developments; our ability to
attract and retain clients technological innovation;
telecommunications or technology disruptions; future regulatory
actions and conditions in our operating areas; our dependence on a
limited number of clients in a limited number of industries; our
ability to expand our business or effectively manage growth; our
ability to hire and retain enough sufficiently trained employees to
support our operations; negative public reaction in the US or the
UK to offshore outsourcing; increasing competition in the BPO
industry; our ability to successfully grow our revenue, expand our
service offerings and market share and achieve accretive benefits
from our acquisition of Aviva Global Services Singapore Pte. Ltd.
(which we have renamed as WNS Customer Solutions (Singapore)
Private Limited following our acquisition), or Aviva Global, and
our master services agreement with Aviva Global Services
(Management Services) Private Limited; and our ability to
successfully consummate strategic acquisitions. These and other
factors are more fully discussed in our annual report on Form 20-F
for the fiscal year ended March 31, 2009 filed with the U.S.
Securities and Exchange Commission which is available at
www.sec.gov. We undertake no obligation to publicly update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
MEDIA CONTACTS: Sumi Gupta Global Head - Public Relations, WNS
(Holdings) Limited +91 (22) 4095 2100 +91 98330 53183 Email Contact
Emily Cleary CJP Communications +1 212 279 3115 ext. 257 Email
Contact
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