The agreement with TelstraClear, the country’s second largest full service telecommunications company, is for two years with the option of renewal for two additional years.

BearingPoint said it has significant expertise in telecommunications billing and customer care and this latest contract will further build the New Zealand team and position it as the company’s billing and customer care development centre for the Asia Pacific region.

Under the terms of the contract, BearingPoint will initially augment TelstraClear’s own development team. The focus will be on capturing and maintaining TelstraClear's specific domain knowledge and increasing end-to-end development capacity.

BearingPoint is reportedly looking to hire up to 50 staff to service the contract.