| SOC had consolidated revenue of USD 15.87 million in
its fiscal year ended 30 June 2004. It currently operates a total
of 500 call center seats in USA, Canada and the Philippines, which
is growing today. Source One has on-shore, near-shore and off-shore
call center facilities at USA, Canada and Philippines. It has multi
lingual capabilities of French & Spanish besides English. The
company has marketing and client management teams located in New Jersey,
adds the release.
Together with c3, the total number of seats in Manila amount to
over 1000. The total number of clients served by SOC, SOCA and c3
are 22. These clients include multinationals and Fortune 500 companies
in different verticals like pharmaceutical products, consumer electronics
and household products, financial services, energy and utilities.
Commenting on the SOC acquisition, HTMT COO K observed: "Source
One is an excellent strategic fit to our past acquisition of c3.
The current acquisition is a definitive step in the evolution of
HTMT into a global ITES company. Cross selling BPO, call center
services with multi lingual capabilities, and IT in diversified
verticals across different geographical locations now provides HTMT
a competitive edge against its peers leading to potential scaling
and higher profitability. We believe that the scaling up of both
SOCA and c3 operations based on excellent customer response to the
quality and competitiveness delivered, is likely to considerably
improve the topline and bottomline of the entities."
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