Reliance Communications and Alcatel-Lucent have formed a global joint venture company to foray in to the $16 billion (Rs 64,000 crore) managed network services industry. Through the new company, the firms intend to cater to telecom operators, both CDMA and GSM, across the globe.
The first assignment of this joint venture will be to provide managed services for RCom nationwide CDMA and GSM networks in India.
"World over, the biggest challenge Telecom operators are facing is to continuously improve competitiveness by reducing operating expenditure and enhancing network quality to provide superior customer experience. The combined expertise and experience of Reliance ADA Group and Alcatel-Lucent would create an unmatched blend of leadership in technology, innovation, scale of operations and customer service to become Worlds leading Managed Network Services Provider," said Sandip Biswas Head-Managed Network Reliance Communications.
"The joint venture is a leap forward in RCom's vision to continuously redefine the benchmarks of customer experience and enhance value for our 2 million shareholders," he said.
With the unique combination of network management and operations expertise, consulting and IT experience, as well as technology, the joint venture would facilitate a pro-active, quick-to-respond environment to fast-paced and dynamic market conditions to leading telecom service providers including RCom. The joint venture will support the expansion and growth of RCom, within and outside India, bringing predictability of the operations and related expenses, while maintaining the highest standards of customer experience.
"Alcatel-Lucent is committed to partner Reliance in its goals to further increase its market leadership position by helping them heighten their customer satisfaction and business capitalization through enhancing value by operating, maintaining and running complex projects in a changing environment" said Andy Williams, President of Alcatel-Lucent's, Services business.
"This partnership confirms our trusted partner relationship with Reliance Communications and reinforces Alcatel-Lucent's position as a strong and competitive managed services provider, he said.
A new legal entity is being formed as part of the joint venture. Alcatel-Lucent will have the operational control of the new entity. Reliance Communications is represented in the Joint Venture through its wholly own subsidiary. The joint venture would thereafter expand its operations in the global arena. This joint venture will create a unique cornerstone and cost-effective bridge for managed services globally.
"We will build on Alcatel–Lucent's existing operational and multi vendor capabilities in India to drive this innovative business model which is a unique partnership between a leading service provider and a leading vendor in the telecom space," said Vivek Mohan, Managing Director, Alcatel-Lucent India Regional Unit.100
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