British firm VoiceStream acquires Helios Outsourcing
Chennai: British company VoiceStream has acquired 75 percent stake in the city-based firm Helios Outsourcing.
"We wanted to secure our UK revenues and have more control and hence we bought into our service provider Helios Outsourcing. In-house processing is a huge area," VoiceStream chairman and managing director Paul Kopec told IANS.
Kopec added that the payments were linked to milestones and performance levels.
According to him, the $25 million VoiceStream will invest around $3 million to develop Helios as India's best niche outsourcing outfit and grow the business to $85 million in three years time.
Helios, besides owning a 50-seat call centre, also works with several other small and medium-sized call centres located across the country.
Helios also offers consultancy for setting up BPO houses in India for small companies.
IANS
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