Reliance Alcatel-Lucent to form JV company

Reliance, Alcatel-Lucent to form JV company

The partnership to target the managed network services market

Monday, May 12, 2008

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BANGALORE, INDIA: Reliance Communications and Alcatel-Lucent today announced to form a joint venture company to tap the $16 billion managed network services industry.

The joint venture plans to cater telecom operators, both CDMA and GSM, across the world.

The partnership will first provide Managed services for Reliance Communications nationwide CDMA and GSM networks in India.

"The combined expertise and experience of Reliance and Alcatel-Lucent would create an unmatched blend of leadership in technology, innovation, scale of operations and customer service to become the worlds leading Managed Network Services Provider," said Sandip Biswas, head - Managed Network, Reliance Communications.

"Alcatel-Lucent is committed to help Reliance retain its market leadership role by helping them increase their customer satisfaction and business capitalization by operating and maintaining their networks together with managing complex network projects," said Andy Williams, president, Alcatel-Lucent's Services business.

The companies will form a new legal entity 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. The joint venture plans to expand its operations worldwide.

©CyberMedia News

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