IBM is still fighting hard to retain its $1-billion contract with Vodafone India, which is set to expire in the first week of June 2016.

Back in September 2015 Sourcingfocus reported that Vodafone was preparing to release an RFP for when the current contract expires – the Economic Times of India tipped Wipro, TCS, Infosys and Tech Mahindra as potential contenders.

A source close to the story has since commented: "Even if IBM does retain most of the contract, the renewed deal will come at the cost of margins. They are being forced to fight on price as well.” Another stated that the business Vodafone currently provides IBM with – roughly $200 million a year – is expected to be cut in half in the near future.

Vodafone and IBM have both declined to comment on the speculation.

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