Reliance Communications, Alcatel-Lucent Form Global JV for Managed Network Services

(Business News & Technology News, 14 May 2008)

India's Reliance Communications and Alcatel-Lucent have formed a global joint venture that will focus on the fast growing $16 billion Managed Network Services industry and will cater to telecom operators, both CDMA and GSM, worldwide. The first assignment of this joint venture will be to provide Managed services for Reliance Communications' nationwide CDMA and GSM networks in India.

Featuring the combined network management and operations expertise, consulting and IT experience, as well as technology of both companies, the joint venture would facilitate a proactive, quick-to-respond environment to fast-paced and dynamic market conditions to leading telecom service providers including Reliance Communications. The joint venture will support the expansion and growth of Reliance Communications, within and outside India, bringing predictability of the operations and related expenses, while maintaining the highest standards of customer experience.

A new legal entity is being formed as part of the joint venture. Alcatel-Lucent will have the operational control of the new entity. Reliance Communications is represented in the Joint Venture through its wholly owned subsidiary.

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