#sykes philippines

Sitel Group has announced that it has entered into a definitive agreement to acquire Sykes Enterprises, Incorporated for USD 2.2 billion. Sitel Group is a leading global provider of customer experience (CX) products and solutions, while Sykes is a leading full life cycle provider of global customer experience management services, multichannel demand generation, and digital transformation. Both companies operate contact centers in the Philippines. Under the terms of the agreement, a subsidiary of Sitel Group will acquire all outstanding shares of SYKES common stock in an all-cash transaction valued at approximately USD 2.2 billion. Sitel says that the acquisition of Sykes makes the combined company poised for sustainable growth as one of the leading BPO players with a comprehensive range of CX products and solutions, leveraging EXP+, the Enterprise Experience Platform from Sitel Group. However, OnePlus' operations in other markets, including India and the Philippines, will remain unaffected. According to a local report, Digital Walker, OnePlus' official distributor in the Philippines, confirmed that local operations are unaffected by the move. Photo: insiderph.com "By enabling partners to facilitate barcode-enabled deposits and withdrawals, as well as account openings and product applications just by scanning a QR code, we are bringing full-service banking to any community in the Philippines—even the most remote islands," said Rally Jereza, head of BPI Agency Banking. Read more in our articles including "Sitel Group acquires Sykes Enterprises, Inc." and "OnePlus exits US, Europe markets; PH operations to continue".