HP Signs Five-Year Managed Services Agreement with Nokia
HP today announced that it has signed a five-year agreement with Nokia to continue providing global information technology (IT) outsourcing services for the company’s 51,000 employees worldwide. The new agreement is valued at approximately $100 million per year and formalizes a memorandum of understanding announced in February. Extending the companies’ original collaboration that began in 2001, HP will continue to manage the IT infrastructure and operations for Nokia’s messaging, groupware and network.