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SYNTELL SNAPS UP R100M DEAL

02 Mar Technology

Solutions Company Syntell will take over Cape Town’s entire road traffic management system from Total Client Services (TCS) from 1 July. This secures Syntell a potential R100 million revenue stream for the next three years.

TCS has held the contract since May 2005. Its contract was mainly to manage the back-office solutions, while Syntell managed the analogue camera system.

TCS said it had not been given any reason as to why it has lost the contract. It states it will have an 18 – month period. from I July. in which it will continue to collect the payment of lines issued during its tenure.

Mark Chewins. MD of Syntell. says his company will now manage the entire traffic management system for Cape Town. including cameras, online payments and back-office systems.

Source: iWeek – Paul Vecchiatto