Alcatel gets network contract worth over $1 billion from India's Reliance Communications
US-ALCATELLUCENT-RELIANCECOMM-NETWORK-CONTRACT:Alcatel gets network contract worth over $1 billion from India's Reliance Communications
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)