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Shell Said to Renew 1 Billion-Euro Deutsche Telekom Data Deal

By Cornelius Rahn on July 05, 2012

Deutsche Telekom AG (DTE)’s T-Systems unit won an extension of a 1 billion-euro ($1.2 billion) deal to manage the data center infrastructure of Royal Dutch Shell Plc (RDSA), two people familiar with the matter said.

The initial outsourcing contract, signed in March 2008, will be extended by at least another five years, the people said, asking not to be identified as the agreement hasn’t been announced yet. Under the deal, T-Systems is moving data into a cloud computing infrastructure, meaning Shell can access information and services remotely, without having to maintain its own servers, one person said. read more

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