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Ericsson Wins $1 Billion Contract From India's Reliance Comm

Monday, 11 Feb 2013 | 2:34 AM ET
Casper Hedberg | Bloomberg | Getty Images

Indian mobile phone carrier Reliance Communications Ltd said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson to manage its networks in the northern and western states of India.

Last month, Reliance Communications gave Alcatel-Lucent SA an eight-year contract valued at more than $1 billion to manage its mobile and fixed networks in east and south India.


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