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Alcatel-Lucent, Reliance in talks for broadband gear
By siliconindia
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Thursday, 19 August 2010, 23:59 IST |
2 Comments
New Delhi: Alcatel-Lucent is in talks with companies including Reliance Industries to supply broadband equipment. Munish Seth, the newly appointed country head for the company's Indian business said that the company expects the first set of broadband gear orders to come in early 2011.
"We are in initial level of talks with most of the people who have won the spectrum. These included India's largest listed conglomerate, Reliance Industries, and Tikona Digital Networks," he said.
Reliance Industries, controlled by billionaire Mukesh Ambani, made a dramatic return to the telecom business with the $1 billion acquisition of Infotel Broadband, the only company to win a nationwide license for broadband wireless spectrum in the government auction. Now it plans to invest about $5 billion in the venture over the next two years.
Alcatel-Lucent has been present in India since 1982 and supplies telecoms gear to India's GSM and CDMA network operators. It is considering setting up its global services headquarters in India and will take a decision in the near future. The global services headquarters would need about $500 million in investments over three years, he had said.
