Reliance Communication, has signed an 8 year managed services agreement with Ericsson. The same is valued at $ 1 billion, and is a full scope management of wireless and wire line network for Western and Northern states of India. As a part of the engagement, about 5000 employees will move from Reliance communication to Ericsson.
As per the contract Ericsson, will manage the day to day operations across wire line and wireless networks and will be responsible for field maintenance, network operations and operational planning for Reliance 2G, CDMA, and 3G mobile networks.
A statement by Magnus Mandersson, Executive President & Head of Business Unit Global Services – Ericsson, says – “We are pleased to welcome more than 5000 employees who will join us from Reliance Communication and support our long term commitment to India’s ICT market.”.