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Credit: Reuters/Tobias Schwarz NEW DELHI | Wed Sep 7, 2011 11:33pm EDT NEW DELHI (Reuters) - IBM has signed an extended deal estimated at up to $1 billion to manage the information technology systems of Vodafone's Indian unit until 2017, the Economic Times reported on Thursday. Vodafone Essar had agreed a five-year IT outsourcing deal with IBM in 2007. When contacted by Reuters, a Vodafone Essar spokesman said the companies had agreed to extend the deal, but declined to give any details. A spokeswoman for IBM in India could not immediately comment. The newspaper cited three unnamed people as saying that the companies had agreed last month to restructure the contract estimated at $800 million to $1 billion. The paper said the five-year contract signed in 2007 was worth more than $400 million. For the newspaper story, see www.economictimes.com (Writing by Devidutta Tripathy) Technology Deals Global Deals Review: 2011 Q2 Global Deals Review Inflows Outflows Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) 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