WNS Forms a Joint Venture with Advanced Contact Solutions Inc. in the Philippines

Thu Apr 3, 2008 9:30pm EDT
 
[-] Text [+]
Expands global delivery network by launching delivery center in
                                Manila
MANILA, Philippines & NEW YORK--(Business Wire)--
WNS (Holdings) Limited (NYSE: WNS), a leading global provider of
business process outsourcing (BPO) services, today announced the
formation of a joint venture with Advanced Contact Solutions, Inc.
(ACS), a pioneer and leader in BPO services and customer care in the
Philippines.

   The joint venture company, WNS Philippines Inc., will be majority
owned by WNS and will offer contact center services to global clients
across industries. The company has set up its first delivery center in
Manila and intends to initially scale to 200 seats.

   "With the joint venture, WNS is executing its strategy to expand
its global delivery network. This expansion further enables us to
bring a large high quality talent pool to help solve the business
challenges of our clients while diversifying the geographic
concentration of delivery," said Anup Gupta, COO, WNS Group. "In
forming the venture with ACS, WNS has partnered with a local market
leader that shares our vision of delivering high quality BPO services
to clients."

   "ACS is embarking on establishing a global footprint through
relationships with leading global BPO companies such as WNS," added
Victor M. Endaya, President and CEO, ACS. "In this way, we can bring
our clients good business practices and expertise in client and
customer care."

   According to research firm Frost & Sullivan, the Philippines is
the third largest English-speaking nation in the world and produces
350,000 college graduates each year delivering a highly-educated
talent pool for providing BPO services.

   Earlier this year, WNS announced the opening of its delivery
center in Bucharest, Romania. From its Romania center, WNS provides
European language skills and high-end finance and accounting services
for global clients.

   About WNS

   WNS is a leading global business process outsourcing provider.
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.
With over 18,000 employees, WNS is passionate about building a
market-leading company valued by our clients, employees, business
partners, investors and communities. WNS' home page is www.wnsgs.com.

   About Advanced Contact Solutions

   Advanced Contact Solutions (ACS) is the pioneer and leader in
business process and customer care delivery in the Philippines. Since
1996, ACS has been providing its clients with superior customer
experience through customized business solutions which exceed client
expectations and delight customers. ACS partners with top Fortune 5OO
companies, and top tier companies in the UK, Australia, Canada and the
Philippines. ACS' home page is www.acspacific.com.

   Safe Harbor Statement under the provisions of the United States
Private Securities Litigation Reform Act of 1995

   This news release contains forward-looking statements, as defined
in the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements involve a number of
risks, uncertainties and other factors that could cause actual results
to differ materially from those that may be projected by these forward
looking statements. These risks and uncertainties include but are not
limited to a slowdown in the U.S. and Indian economies and in the
sectors in which our clients are based, a slowdown in the BPO and IT
sectors world-wide, competition, the success or failure of our past
and future acquisitions, attracting, recruiting and retaining highly
skilled employees, technology, legal and regulatory policy as well as
other risks detailed in our reports filed with the U.S. Securities and
Exchange Commission. These filings are available at www.sec.gov. We
may, from time to time, make additional written and oral
forward-looking statements, including statements contained in our
filings with the Securities and Exchange Commission and our reports to
shareholders. You are cautioned not to place undue reliance on these
forward-looking statements, which reflect management's current
analysis of future events. We undertake no obligation to publicly
update or revise any forward-looking statements, whether as a result
of new information, future events or otherwise.

Investors:
WNS (Holdings) Limited
Jay Venkateswaran, +1 212-599-6960
Senior VP -- Investor Relations
ir@wnsgs.com
or
Media:
Gutenberg Communications
India:
Ameya Sirur, +91 99875 88991
ameya@gutenbergpr.com
or
UK:
Shalini Siromani, +44 203 008 5231
shalini@gutenbergpr.com
or
U.S.:
Mike Sherrill, +1 212-239-8741
msherrill@gutenbergpr.com

Copyright Business Wire 2008

 

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video
Join the Reuters Consumer Insight Panel and help us get to know you better

Join the Reuters Consumer Insight Panel and help us get to know you better