Reliance Communications and Ericsson have signed a $1 billion deal where Ericsson will manage the day-to-day operations across wireline and wireless networks and will take over responsibility for field maintenance, network operations and operational planning of Reliance Communications 2G, CDMA and 3G mobile networks.It will cover over 100,000 km of fiber and mobile infrastructure in 11 telecom circles in North India and West India with metropolitan cities like Mumbai and Delhi. Also Read - Let our firms take part in 5G trials, China tells India
The deal is for eight years and the agreement aims at the fast moving demand for communication applications in one of the most dynamic markets on the globe. Also Read - DoT permits telecom service providers to go ahead with 5G trials
This deal is the first of its kind in India and it will help converge wireless and wireline as they will be managed under one contract. Also Read - India will have 18 million 5G subscribers by 2025: Ericsson Mobility Report
Ericsson will also modernize the tools, processes and ensure that the best practices are applied across the business resulting in operational efficiency by managing cost through consolidation.