Saturday, May 16, 2009

Alcatel-Lucent bags $150m Unitech deal

On timesofindia.indiatimes.com 16 May 2009, 0124 hrs IST



France-based Telecom firm Alcatel-Lucent on Friday said it has bagged a five-year contract of about $150 million from Unitech Wireless, a telecom venture of real estate major Unitech, to support the launch of the company's GSM mobile services.


According to the five-year contract, worth $150 million, Alcatel-Lucent would deploy GSM/Edge networks for Unitech in Kerala and Orissa circles, a company spokesperson said. Unitech Wireless, in which Norwegian telecom group Telenor has a majority stake, has licences to operate in all 22 circles in India. However, the company is yet to launch its services. Alcatel-Lucent will build Unitech Wireless' network and provide operations management under a comprehensive services contract.

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