Alcatel, Reliance announce network services joint venture
US-French telecom equipment supplier Alcatel-Lucent and RCom announced a JV to provide network services to telecom operators. Hot handsets | Nokia 6220 Classic
By Agencies |
PARIS: The US-French telecom equipment supplier Alcatel-Lucent and Reliance Communications announced on Monday a joint venture to provide network services to telecommunications operators.
In a joint statement, they said the new entity would be an active player in "the fast-growing $16 billion managed network services industry and will cater to telecom operators, both CDMA and GSM, across the globe".
CDMA and GSM are widely-used mobile telephone standards.
The statement said Alcatel-Lucent would have "operational control" of the joint venture, in which Reliance would be represented by a wholly-owned subsidiary.
In a joint statement, they said the new entity would be an active player in "the fast-growing $16 billion managed network services industry and will cater to telecom operators, both CDMA and GSM, across the globe".
CDMA and GSM are widely-used mobile telephone standards.
The statement said Alcatel-Lucent would have "operational control" of the joint venture, in which Reliance would be represented by a wholly-owned subsidiary.
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