Alcatel gets network contract worth over $1 billion from India's Reliance Communications

MUMBAI Wed Jan 16, 2013 2:15am EST

The logo of Alcatel-Lucent is pictured at the entrance of its Paris headquarters December 12, 2008. REUTERS/Charles Platiau

The logo of Alcatel-Lucent is pictured at the entrance of its Paris headquarters December 12, 2008.

Credit: Reuters/Charles Platiau

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MUMBAI (Reuters) - Reliance Communications Ltd (RLCM.NS), India's No. 3 mobile phone carrier by customers, said on Wednesday it would award a multi-year contract valued at more than $1 billion to Franco-American telecommunications equipment maker Alcatel-Lucent (ALUA.PA) to manage its network.

Alcatel-Lucent currently operates a joint venture with Reliance Communications to manage the Indian carrier's network.

(Reporting by Aradhana Aravindan; Editing by Anand Basu)

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