TeleTech Acquires Philippines-Based Business Process Outsourcing Company
Filed in archive Outsourcing News on November 17, 2005

Worldwide outsourcing solutions provider TeleTech Holdings, Inc., has acquired Philippine-based BPO company FinSource.
TeleTech, a global provider of outsourcing solutions such as customer management, BPO, and database marketing services will merge with FinSource, an end-to-end business processing solutions for leading financial services institutions.
Kenneth Tuchman, Chairman and Chief Executive Officer of TeleTech, said, "The acquisition of FinSource expands TeleTech's existing capabilities in the financial services industry and complements the comprehensive mortgage processing services we offer today."
Mohan Kulkarni, President and Chief Executive Officer of FinSource said, "TeleTech has a proven reputation for delivering complex front-to-back office solutions on behalf of its clients and we look forward to working with TeleTech to realize the benefits of the combined companies ."

Tags: outsourcing teletech business teletech philippines business+process outsourcing+company process+out
Vote for TeleTech Acquires Philippines-Based Business Process Outsourcing Company:
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Rating: 3.20 out of 5 vote(s) cast.
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Response from:
Sharad Saxena
(11/26/05 5:06am)
Response from:
Sharad Saxena
(01/01/06 10:49am)
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Response from:
BPO
(06/19/06 2:19am)
We will see more and more of acquisitions and mergers as the BPO industry matures and consolidates...I expect this consolidation to happen even faster in India where the BPO industry has matured quite significantly in the last couple of years
Ec @ BPO')" rel="nofollow">http://www.ebpo.in">BPO
Database
Ec @ BPO')" rel="nofollow">http://www.ebpo.in">BPO
Database
Response from:
netuitive
(10/13/07 10:19pm)
Why don't we focus on knowledge process outsourcing and package Filipinos not just as english-speaking customer support agents but as KPO experts?
http://abacuslogic.net/business-process-outsourcing-offshore.html
http://abacuslogic.net/business-process-outsourcing-offshore.html
Response from:
BPO Provider
(03/05/09 4:20am)
In spite of the global financial crisis, BPO in the Philippines remains optimistic. BPO has been companies answer to the crisis. Having a low-cost expense with the same quality of result companies tend outsource staffs to do the work than hiring their own.
Response from:
offshore
(04/14/09 11:18pm)
yes philipines catching up with india in the bpo industry.Thanks for this blog.
Response from:
Adv. Pragmaticoutsourcing
(04/18/09 4:39pm)
Such kind of developments will help both the countries to beat down the economic heat. A welcome move.
Response from:
BPO services
(03/03/10 12:04am)
Philippines was growing up in bpo industry as India.
Response from:
BPO services
(03/03/10 12:06am)
Philippines are developing up their bpo industry as India.
Response from:
contact center philippines
(04/26/10 1:23am)
BPO industry in the Philippines is rapidly growing. Thanks for sharing the information. Nice post.
Response from:
peter
(06/15/10 4:16am)
the BPO industry in the philippines is a boost to the country's economy. with the low cost of labor and the highly educated work force, the philippines is one of the top choices for setting up an offshore contact center
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