Alcatel-Lucent and India's Reliance Communications signed a deal to form a global joint venture.
In a statement, the two firms said the joint venture company would foray in the fast growing managed network services industry and will cater to telecom operators, both CDMA and GSM, across the globe.
With the unique combination of network management and operations expertise, consulting and IT experience, as well as technology, the joint venture would facilitate a proactive, quick-to-respond environment to fast-paced and dynamic market conditions to leading telecom service providers including Reliance Communications.
The joint venture will support the expansion and growth of Reliance Communications, 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 help Reliance retain its market leadership role by helping them increase their customer satisfaction and business capitalisation by operating and maintaining their networks together with managing complex network projects,' said Andy Williams, president of Alcatel-Lucent's services business.