Ericsson wins $1 billion contract from RComm
MUMBAI (Reuters) - Mobile phone carrier Reliance Communications Ltd(RLCM.NS) said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson(ERICb.ST) to manage its networks in the northern and western states of India.
Last month, Reliance Communications gave Alcatel-Lucent SA (ALUA.PA) an eight-year contract valued at more than $1 billion to manage its mobile and fixed networks in east and south India.
(Reporting By Aradhana Aravindan; Editing by Prateek Chatterjee)
- Tweet this
- Share this
- Digg this
Trending On Reuters
The government sold a 10 percent stake in state-run behemoth Coal India on Friday, in a bumper sale which saw demand from institutional investors marginally exceed supply, giving a welcome boost to the government's faltering divestment drive. Full Article