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Alcatel Lucent SA Gets Reliance Communications Contract-WSJ

Wednesday, 16 Jan 2013 03:37am EST 

The Wall Street Journal reported that Alcatel Lucent SA received a $1 billion contract to manage Reliance Communications Ltd.'s telecom networks for eight years in eastern and southern India. As part of the deal, about 4,000 employees will be shifted to Alcatel-Lucent from Reliance Communications, Gurdeep Singh, Chief Executive of Reliance Communications' wireless business, told reporters in Mumbai. 

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