Ericsson wins $1 bn contract from Reliance Communications
- Hunt on for Malaysian Airlines: Stolen passports, missing debris fuels fears of foul play
- Raj Thackeray warms up to Narendra Modi, lets Sena feel the heat
- Rs 25,000 cr: CAG sees biggest ever J&K land scam
- UP BJP wants tickets for four riot-accused MLAs
- Haryana, Gujarat top industry-friendly states, Maharashtra among bottom five
Indian mobile phone carrier Reliance Communications Ltd said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson to manage its networks in the northern and western states of India.
Last month, Reliance Communications gave Alcatel-Lucent SA an eight-year contract valued at more than $1 billion to manage its mobile and fixed networks in east and south India.
RCom and Ericsson sign USD 1 billion network management pact
(PTI): Reliance Communications today said it has outsourced operations and management of its network in northern and western India to Ericsson in an USD 1 billion agreement spread over eight years.
The contract would cover one lakh kilometres of fiber and mobile infrastructure in 11 telecom circles of RCom, across North and West of India including Delhi and Mumbai, a joint statement by the two companies.
The eight-year agreement is valued at USD 1 billion, it said adding 5,000 employees of RCom will join Ericsson in this regard.
"Given the complexity of network increasing with platforms, technologies and application offerings, we are banking on the experience, innovation and technical expertise of Ericsson to improve the productivity of our network," RCom's Chief Executive Officer for Wireless Business, Gurdeep Singh said.
As per the contract, Ericsson will manage the day to day operations across wireline and wireless networks and will take over responsibility for field maintenance, network operations and operational planning of RCom 2G, CDMA and 3G mobile networks, it added.
The partnership will allow RCom to free up resources to focus on user experience, as well as improving innovation power and speed across the specified geographies, the statement said.
"With this partnership, Reliance will increase focus on their core business and innovation. We are pleased to welcome more than 5,000 employees who will join us from Reliance Communications," Ericsson's Executive Vice President and Head
- Bengal model better than Modi’s Gujarat, says Didi
- Sindhis threaten to move HC if Sindhu Sagar not cleaned
- Three RTI activists whom Kejriwal paid homage are alive
- Poojary wins Mangalore primary
- Short change: Health cover for girl child at 50% discount
- Run with the bulls, don’t lose out to foreign investors again
- BJP boycotts NDTV over news gaffe | The Indian Express
- Out of the promised 50,000 homes for the poor, not even 50 constructed in Gujarat by BJP: Kejriwal
- AAP workers stage protest outside Kejriwal’s residence over ticket distribution
- BJP complains to EC against Rahul over RSS remarks, seeks derecognition of Congress