Ericsson wins $1 billion contract from RComm

MUMBAI Mon Feb 11, 2013 1:03pm IST

A construction supervisor speaks on a mobile phone amid rolls of underground telephone cable pipes on the outskirts of Hyderabad November 29, 2010. REUTERS/Krishnendu Halder

A construction supervisor speaks on a mobile phone amid rolls of underground telephone cable pipes on the outskirts of Hyderabad November 29, 2010.

Credit: Reuters/Krishnendu Halder

Related Topics

Stocks

   

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)

FILED UNDER:

Reuters Showcase

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Market Eye

Market Eye

Sensex, Nifty end higher after bumpy budget-day trading  Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage