Thursday, July 23, 2009

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RCom bags Rs 10,000-cr telecom infra outsourcing deal

Allianz Infratech, wholly-owned unit of Etisalat DB, will outsource its telecom infrastructure requirements to RCom. Integrated telecom major Reliance Communications (RCom) has bagged a Rs 10,000-crore ($2.2-billion) telecom infrastructure outsourcing deal from new entrant Etisalat DB Telecom (formerly Swan Telecom). The deal, which includes both towers and transmission, is spread over a 10-year period.

Etisalat DB will outsource both its passive (towers) and active (electronics and equipment) infrastructure across 15 circles to Reliance Infratel. Allianz Infratech, a wholly-owned subsidiary of Etisalat DB, will outsource its telecom infrastructure requirements to Reliance Communications (RCom), the companies said in a statement today.

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