HSBC has signed a multi-million pound deal for Vodafone to continue providing mobile services for its 21,000 UK staff.

The deal marks a two year extension on a 20-year working relationship between the bank and mobile network operator.

Gabriel Pepe, global head of telecommunications at HSBC, said: "It is important to ensure our employees have the best tools to serve our customers and we believe that this contract extension will meet their needs."

Jan Geldmacher, chief executive of Vodafone Global Enterprise, welcomed the deal. He said: "World-class businesses need world-class mobile communications. We welcome the opportunity to strengthen further our long-standing relationship with HSBC."

Industry commentators have speculated that Vodafone may provide HSBC staff with 4G under the agreed contract. Vodafone has recently launched 4G in London and hopes to roll it out to Birmingham, Coventry, Leicester, Nottingham and Sheffield by the end of October.

 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Related articles

HSBC signs five year deal with Visa

HSBC to axe another 14,000 jobs to save £2bn