Firms: Minter Ellison (Singtel and Optus); Allens (ANZ)
Deal: Singtel and Optus have signed an agreement with ANZ to provide telecommunications and managed services to the bank for a further five years
Value: $530 million
Key players: Partners Richard Dammery (pictured) and Paul Kallenbach led for Minter Ellison, with assistance from partner Cameron Ross and lawyers Janki Shah, Mark Silberer and Rosie Johnson. Michael Pattison led for Allens
Deal significance: The contract SingTel and Optus have signed with ANZ is one of the largest and most complex outsourcing arrangements negotiated in Australia and represents ANZ’s largest managed services relationship. Optus will deliver end-to-end managed telecommunication services for ANZ in Australia and across Asia and the Pacific. The scope of services of the agreement includes domestic and international data network services, mobility, collaboration, contact centre services and managed services to support ANZ’s business operations and strategic growth.
Minter Ellison’s lead partner Richard Dammery commented: “It was an absolute pleasure working as a fully integrated part of the SingTel and Optus deal teams on this very complex transaction.”
Jason Georgallis, senior corporate counsel (Optus Business), said: “Minter Ellison’s legal knowledge, strategic guidance and technical understanding of telecommunications made them an invaluable asset to the SingTel Optus team.