Telefonica Group Awards Accenture Application Management and Development Services Contracts

BUENOS AIRES; April 8, 2010 - Telefonica today inaugurated a new center built by Accenture to serve the applications and development needs of Telefónica Group’s Latin American and European operations. The center was delivered under contracts with Accenture signed in 2007 and 2009. Financial details were not disclosed.

Under the terms of the contracts, Accenture is managing the development and maintenance of applications related to consumer systems, billing and collections, across 17 markets in Latin America and Europe, meeting the needs of these operations, both from the human resources standpoint as from the technological infrastructure aspect.

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with more than 181,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. The company generated net revenues of US$21.58 billion for the fiscal year ended Aug. 31, 2009. Its home page is

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Gary Morgenstern


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