Reliance Comm's over $200 mn contract to Huawei
Friday, 13 July 2007, 07:00 Hrs
New Delhi: Reliance Communications (RCOM), one of India's leading private mobile telephone service operators, Thursday announced awarding a contract worth over $200 million to China's telecom solutions major Huawei for the expansion of its CDMA and GSM services. As per the contract, Huawei Technologies would enable RCOM's network to reach to more than 20,000 towns and 600,000 villages. "We have chosen Huawei based on its established credentials as a global company producing high quality products and solutions. The relationship with Huawei will help us maintain and strengthen our leadership position in India, the world's fastest growing telecom market," Anil Ambani, chairman, RCOM, said in a statement. The technology from Huawei is expected to bring down Reliance Communications' total cost of ownership by enabling a significantly faster and more cost-effective expansion of existing CDMA & GSM network services. It will also enhance the company's competitive advantage in attracting new subscribers. "We are extremely proud and happy to partner with Reliance Communications which has contributed immensely to the growth of the telecom sector in India and has always led from the front in expanding the domestic market. It is, in no small measure, a credit to Reliance Communications that India is today the fastest growing telecom market in the world," said Sun Yafang, chairwoman, Huawei Technologies. "We look forward to continuing this partnership with Reliance Communications by providing innovative and customer-oriented solutions and services," the statement quoted her as saying.