Accenture Plc : Accenture to Help Oi Transform Business Operations and Support Strategic Growth Objectives
09/13/2012| 07:05am US/Eastern

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Oi SA (NYSE: OIBR/C), one of Brazil's leading providers of
communications services, and Accenture (NYSE: ACN) have signed a
seven-year agreement for Accenture to help Oi transform its business by
having Accenture manage Oi's billing and collections, finance and
accounting, human resources, supply chain, and select back office
functions.
Under the agreement, Accenture will provide Oi services through a
flexible model designed for today's business challenges, ultimately
supporting Oi and its goal to improve efficiency, quality and
cost-effectiveness. Through its deep communications industry knowledge,
and supported by its management consulting, technology and business
process outsourcing expertise, Accenture will focus on improvements
designed to help transform Oi's operations and support future growth.
"We are committed to Oi's success as they execute their strategic
business plans and undergo this transformation," said Robert Sell, group
chief executive of Accenture's Communications, Media & Technology
operating group. "By leveraging Accenture's industry and functional
expertise combined with analytical tools and technologies, we've moved
beyond operational cost reduction to drive more meaningful business
outcomes for Oi. This agreement expands our longstanding relationship,
and the work we perform will help make Oi an even stronger market
competitor."
About Accenture
Accenture is a global management consulting, technology services and
outsourcing company, with more than 249,000 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$25.5 billion for the fiscal year ended Aug. 31, 2011. Its home page
is www.accenture.com.

Accenture
Ivan Scarpelli, + 55 1151 881796
ivan.scarpelli@accenture.com
or
Gary
Morgenstern, + 973 301 3347
gary.a.morgenstern@accenture.com
© Business Wire 2012
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