Company Press
Release:
Reliance Communications and Alcatel - Lucent forms
Joint Venture to offer
Managed Network Services to Telcos
across the globe
The estimated market size for
Managed Network Services by 2012 will be $ 16 Bn (Rs. 64,000 Crore)
To start with Joint Venture to
provide Managed Services to Reliance Communications
CDMA and GSM Networks
|
Sandip Biswas,
Head-Managed Network, RCOM with Vivek Mohan, President, Alcatel-Lucent |
Mumbai, May 12th 2008 – Reliance
Communications, The first assignment of this joint
venture will be to provide Managed services for Reliance Communications
nationwide CDMA & GSM networks in “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 ADA Group 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”. |
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
“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.
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.”
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.
“We will build on
Alcatel – Lucent’s existing operational and multi vendor capabilities in
About Reliance Communications
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
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
About Alcatel-Lucent
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