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Reliance Communications and Alcatel - Lucent form Joint
Venture to offer Managed Network Services to Telcos
across the globe |
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Reliance Communications and Alcatel - Lucent forms Joint
Venture to offer Managed Network Services to Telcos
across the globe
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The estimated market size for Managed Network
Services by 2012 will be $ 16 Bn (Rs. 64,000 Crore) |
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To start with Joint Venture to provide Managed
Services to Reliance Communications CDMA and GSM
Networks |
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Mumbai, May 12th 2008 : Reliance Communications,
India’s largest integrated telecommunications service
provider, and Alcatel-Lucent (Euronext Paris and NYSE:
ALU) today announced forming a global joint venture.
Combining the unique strengths of Alcatel-Lucent and
Reliance Communications, the Joint Venture Company would
foray in the fast growing $ 16 Bn (Rs. 64,000 Crore)
Managed Network Services Industry and will cater to
telecom operators, both CDMA and GSM, across the globe. |
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The first assignment of this joint venture will be to
provide Managed services for Reliance Communications
nationwide CDMA & GSM networks in India. |
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“World over, the biggest challenge Telecom operators
are facing is to continuously improve competitiveness by
reducing operating expenditure and enhancing network
quality to provide superior customer experience. 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 Worlds leading
Managed Network Services Provider”, said Mr. Sandip
Biswas, Head - Managed Network, Reliance Communications.
“The Joint Venture is a leap forward in Reliance
Communications’ vision to continuously redefine the
benchmarks of customer experience and enhance value for
our 2 million shareholders”. |
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With the unique combination of network management and
operations expertise, consulting and IT experience, as
well as technology, 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. |
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“Alcatel-Lucent is committed to partner Reliance in
its goals to further increase its market leadership
position by helping them heighten their customer
satisfaction and business capitalization through
enhancing value by operating, maintaining and running
complex projects in a changing environment” said Andy
Williams, President of Alcatel-Lucent’s, Services
business. “This partnership confirms our trusted partner
relationship with Reliance Communications and reinforces
Alcatel-Lucent’s position as a strong and competitive
managed services provider. |
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Mr. Sandip Biswas, Head - Managed Network, Reliance
Communications said “Reliance Communications and
Alcatel-Lucent aim to offer a diverse bouquet of Managed
Network Service offerings for telecom service providers.
We have complete confidence in Alcatel Lucent’s
deployment capabilities, local competencies and strong
local technical support team, which alongwith Reliance
Communications, would play a key role towards the
success of this venture.” |
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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 own
subsidiary. The joint venture would thereafter expand
its operations in the global arena. This joint venture
will create a unique cornerstone and cost-effective
bridge for managed services globally. |
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About Reliance Communications |
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Reliance Communications Limited founded by the late Shri
Dhirubhai H Ambani (1932-2002) is the flagship company
of the Reliance Anil Dhirubhai Ambani Group. The
Reliance Anil Dhirubhai Ambani Group currently has net
worth in excess of Rs. 55,000 crore (US$ 14 billion),
cash flows of Rs. 11,000 crore (US$ 2.8 billion), net
profit of Rs. 7,700 crore (US$ 1.9 billion) and zero net
debt. Rated among "Asia's Top 5 Most Valuable Telecom
Companies", Reliance Communications is India's foremost
and truly integrated telecommunications service
provider. The company, with a customer base of over 48
million including over 1.5 million individual overseas
retail customers, ranks among the Top 10 Asian Telecom
companies by number of customers. Reliance
Communications corporate clientele includes 1850 Indian
and multinational corporations, and over 250 global
carriers. |
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Reliance Communications has established a pan-India,
next generation, integrated (wireless and wireline),
convergent (voice, data and video) digital network that
is capable of supporting best-of-class services spanning
the entire infocomm value chain, covering over 15,000
towns and 400,000 villages. Reliance Communications owns
and operates the world's largest next generation IP
enabled connectivity infrastructure, comprising over
165,000 kilometers of fibre optic cable systems in
India, USA, Europe, Middle East and the Asia Pacific
region. For more information, visit www.reliancecommunications.co.in |
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About Alcatel-Lucent |
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Alcatel-Lucent (Euronext Paris and NYSE: ALU) provides
solutions that enable service providers, enterprise and
governments worldwide, to deliver voice, data and video
communication services to end-users. As a leader in
fixed, mobile and converged broadband networking, IP
technologies, applications and services, Alcatel-Lucent
offers the end-to-end solutions that enable compelling
communications services for people at home, at work and
on the move. With operations in more than 130 countries,
Alcatel-Lucent is a local partner with global reach. The
company has the most experienced global services team in
the industry, and one of the largest research,
technology and innovation organizations in the
telecommunications industry. Alcatel-Lucent achieved
revenues of Euro 17.8 billion in 2007 and is
incorporated in France, with executive offices located
in Paris. For more information, visit Alcatel-Lucent on
the Internet: http://www.alcatel-lucent.com |
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