Reliance to Oursource Operations and Maintenance
Reliance Communications is close to signing a $500-$600 million operations and maintenance contract with the French telecom equipment group Alcatel-Lucent
If completed, Alcatel-Lucent will service Reliance’s GSM and optical fiber cable services. The contract would be either executed independently by Alcatel or by the joint venture (Alcatel Lucent)
Reliance and Alcatel formed a joint venture for network management services, with the Indian company holding 33 % and the French company owning the rest
According to media reports, the deal may be signed in about two weeks.
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