TOKYO, JAPAN and MANILA, PHILIPPINES – NTT Communications Corporations (NTT Com) announced today that it has reached a basic agreement on a capital tie-up with the Diversified Technology Solutions International (DTSI Group) group under which NTT Com will acquire a 50.1% stake in Freedom Resources Holdings Corporation, the holding company of the DTSI Group.
DTSI Group has a strong track record in building systems and providing services for IT-BPO operators, accounting for 60% of all seats in contact centers currently operating in the Philippines. Also, Anthem, Inc., a DTSI Group company, is forecasting high growth for its business of building and leasing contact center platforms to companies looking to start up IT-BPO businesses in the Philippines.
Through the tie-up, NTT Com expects to strengthen its contact center capabilities in the Philippines by creating operational synergies with DTSI Group, including by leveraging their respective customer bases.
BPO sales revenues in the Philippines increased 24% from the year earlier to US$11 billion 2011, accounting for 5% of the nation’s GDP. The contact center industry was particularly vibrant, generating revenues of $7.4 billion, the highest revenue of any country in the world, surpassing even India. The Philippines is also becoming a center for global shared services in the banking, insurance, energy, engineering, and other industries.
Global companies have been increasingly attracted to the Philippines’ abundance of fluent English speakers and incentives offered by the government.
About the DTSI Group
The DTSI Group is a trusted partner of Fortune 1000 firms, delivering innovative communications services, state-of-the-art business facilities, and game-changing technology services that create value for customers. The Group has evolved over 15 years to capitalize on fast-changing communications infrastructure, innovations in facilities design and construction, and emerging technologies that provide new ways to build relationships with suppliers and customers.
| Main companies: | Diversified Technology Solutions International (DTSI Group)
A leading global systems integrator that designs, builds, deploys and manages end-to-end business communications systems, information technology services and hosted, managed and premise-based contact center services. Anthem Providing managed information technology and managed facilities and hosted communications services to enterprises, contact centers and BPO companies. |
| Head office: | 39/F, PBCOM Tower, 6795 Ayala Avenue, Makati City 1228, Philippines |
| Established: | 1997 (DTSI Group) |
| President & CEO: | Miguel C. Garcia |
| Group locations: | Philippines (Manila and Cebu) and U.S. (Los Angeles, Phoenix, Salt Lake City, and Chicago) |
| Group employees: | About 200 |
| Consolidated sales: | About 3.9 billion yen (fiscal year ended December 2011) |
| Further information: | www.dtsigroup.com |
About NTT Communications Corporation
NTT Communications provides consultancy, architecture, security and cloud services to optimize the information and communications technology (ICT) environments of enterprises. These offerings are backed by the company’s worldwide infrastructure, including IPv4/IPv6 Global Tier-1 IP Network, Arcstar Universal One™ VPN network reaching over 150 countries, and over 120 secure data centers. NTT Communications’ solutions leverage the global resources of NTT Group companies including Dimension Data, NTT DOCOMO and NTT DATA.
Further information: www.ntt.com | www.twitter.com/nttcom | www.facebook.com/nttcomtv
(Mr.) Tomohiko Kano or (Mr.) Ken Araki
Corporate Planning
NTT Communications Corporation
Tel: +81-3-6700-4601
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