Swedish telecom gear maker Ericsson will manage the pan-India network of telecom operator Reliance Communications under a seven-year business agreement signed between the two companies. "We are excited to partner with Reliance Communications for this strategic multi-technology managed services deal. We have been managing their networks in North and West and are now pleased to extend this support to all 22 circles," Ericsson Executive Vice President and Head of Business Unit (Global Services) Magnus Mandersson said in a statement.
Under the agreement, Ericsson would take over the responsibility for field maintenance, network operations and operational planning of Reliance Communications' 2G, CDMA and 3G mobile networks. However, the financial details of the deal were not disclosed in the statement. "We are happy to announce our partnership with Ericsson to manage our wireline and wireless network on a pan-India basis," Reliance Communications' Head of Commercial Suresh Rangachar said.
The agreement also includes operation and management of Reliance Communications' wireline network by Ericsson.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
