New Delhi, Jan 16: Telecom equipment maker Alcatel-Lucent SA has bagged an eight-year end-to-end network managed services contract worth more than $1 billion (approx Rs 5,000 crore) to manage Reliance Communications Ltd's mobile and fixed networks in the east and south of India.
The network outsourcing contract will reduce costs for R-Comm, where 4,000 - or about 15 percent - of its employees will move to Alcatel-Lucent as part of the deal.
Already many of leading Indian telcos have outsourced the management of their networks to firms including Ericsson , Nokia Siemens Networks and Chinese firms Huawei Technologies Co Ltd and ZTE Corp as they try to lower their costs.
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