Huawei India bags $400 mn Unitech order
Chinese telecom network equipment major Huawei Technologies on Tuesday said its Indian arm has received a contract worth about $400 million from mobile operator Unitech Wireless.
By PTI |
NEW DELHI: Chinese telecom network equipment major Huawei Technologies on Tuesday said its Indian arm has received a contract worth about $400 million from mobile operator Unitech Wireless.
Huawei India will deploy the end-to-end telecom network for Unitech's telecom venture.
"The contract, based on a milestone model, is spread over five years and is worth about USD 400 million," the Huawei spokesperson told media.
The contract covers three circles in southern India -- Karnataka, Tamil Nadu and Andhra Pradesh, he added.
Unitech Wireless, which received licence last year to operate in 22 telecom circles in the country, is yet to launch its services.
Huawei India will deploy the end-to-end telecom network for Unitech's telecom venture.
"The contract, based on a milestone model, is spread over five years and is worth about USD 400 million," the Huawei spokesperson told media.
The contract covers three circles in southern India -- Karnataka, Tamil Nadu and Andhra Pradesh, he added.
Unitech Wireless, which received licence last year to operate in 22 telecom circles in the country, is yet to launch its services.
Start a SIP with as low as ₹500 with ET Money App!
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
