Alcatel-Lucent Wins $1B Deal in India
Alcatel-Lucent has secured a new seven-year managed services deal with Reliance Communications Ltd. (RCom) worth more than US$1 billion, the companies announced Wednesday. (See AlcaLu Wins Major Reliance Deal.) The vendor has an existing managed services relationship with the operator, the result of a joint venture deal struck in 2008, but was believed to be under severe competitive pressure to hold onto the engagement. (See AlcaLu, Reliance Form Joint Venture.) The new contract, which runs until 2020 and covers Eastern and Southern India, involves the creation of a new managed services organization within RCom with 4,000 staff who will run the operator's fixed and wireless networks (previously managed by separate teams). For more details on what the deal involves, see the Light Reading India story, AlcaLu Lands $1B Deal from Reliance.