Vodafone announced today that it has become a global strategic telecommunications partner for Deutsche Bank after signing a five and a half year agreement.
Under the contract, Vodafone will take over the delivery and support of fixed and mobile voice services across 28 countries. Vodafone will also establish a number of centralised services for the Bank including ordering and billing.
Vodafone Global Enterprise Chief Executive, Jan Geldmacher, said: “This is a great opportunity for Deutsche Bank to bring all its communications needs under one umbrella. Creating global standards and common practices will make the Bank more efficient and help to support its future plans.”
Clint Price, Head of Technology Service Operations, Deutsche Bank, said: “This agreement will provide greater controls and transparency around Deutsche Bank’s telecoms usage and expenditure. Moving to a globally consistent approach will help the Bank manage costs actively while making it easier for employees to order and pay for telephone services.”
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Vodafone is one of the world’s largest telecommunications companies and provides a range of services including voice, messaging, data and fixed communications. Vodafone has mobile operations in 26 countries, partners with mobile networks in 54 more, and fixed broadband operations in 17 markets. As of 31 December 2014, Vodafone had 444 million mobile customers and 11.8 million fixed broadband customers. For more information, please visit: www.vodafone.com.