Liberty Global plc, one of the world”s leading converged video, broadband and communications companies, and Infosys, a global leader in next-generation digital services and consulting, today announced that they have expanded their collaboration to evolve and scale Liberty Global”s cutting-edge digital entertainment and connectivity platforms.

Infosys, Liberty Global have entered into an initial 5-year agreement, with an option to extend to 8 years and beyond. Infosys will provide services to Liberty Global estimated at €1.5 billion over the initial 5-year term and at €2.3 billion if the contract is extended to 8 years. The collaboration allows Liberty Global to realize run-rate savings in excess of €100 million per annum, inclusive of other savings and technology investments.

Building on their existing multi-year collaboration which has successfully supported Liberty Global”s technology services platforms since February 2020, the companies will significantly expand the program, with Infosys taking over build and operations of Liberty Global”s award-winning Horizon entertainment and connectivity platforms.

In addition, Liberty Global is licensing these platforms to Infosys so the digital services provider can offer best-in-class services to new operators and new markets outside the Liberty Global family. This will potentially enable millions of new customers, around the world, to experience next-generation digital entertainment and connectivity services through Horizon for the first time. Liberty Global will continue to control product roadmaps and retain all intellectual property for the Horizon entertainment and connectivity platforms.

“Strengthening and expanding our collaboration with Infosys gives our best-in-class solutions new scale with the ability to reach many more markets and bring positive experiences to more customers. And while it produces substantial central cost savings over time, it also provides excellent opportunities for our talent to grow their specialist skills and nurture impactful careers with Infosys. We look forward to working together to accelerate innovation and make our entertainment solutions even more powerful and engaging as new generations of digital-first customers continue to demand more from us all,” Mike Fries, CEO, Liberty Global, said.

“We are excited to bring Infosys Topaz to enable transformative AI-first capabilities to complement the cloud-first digital foundation we have laid for Liberty Global using Infosys Cobalt. This will unveil a new chapter in our joint journey of innovation as we reimagine entertainment and the connectivity experience for millions of global consumers,” Salil Parekh, CEO & MD, Infosys, said.

The agreement is subject to regulatory approvals and consultations with relevant Works Councils.