JOURNAL ARTICLE

Indra Wins London Transport Deal Worth Close to €1 Billion.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Lizarraga, Clara Hernanz 3 of 3

Abstract

The article focuses on Indra Sistemas SA's acquisition of ticketing operations for Transport for London, valued at approximately €1 billion ($1.16 billion). The contract, which extends through 2034 with potential for an extension to 2039, encompasses various modes of transport including subways, buses, and ferries. This deal is significant for Indra's mobility division, projected to increase revenues by 20% within a year. Indra plans to introduce innovative features such as contactless access to the tube, enhancing user convenience. The bidding process faced challenges, including a lawsuit from the previous contractor, Cubic Transportation Systems, over alleged unfair practices. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/01, pN.PAG
  • Document Type:Article
  • Subject Area:Politics and Government
  • Publication Date:2026
  • Accession Number:190940317
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.