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Wednesday, Feb 22, 2006


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Reliance Info bags GE Money deal

Our Bureau

MUMBAI: Reliance Infocomm said it had won a multi-year contract to be a network service provider to GE Money for an undisclosed amount.

As part of the agreement, Reliance will initially network 122 GE locations on its pan-India multi-protocol labelling system optical fibre backbone, allowing the branches to be online.

GE Money is focusing on building accessibility through branches and alternate distribution points, said Mr Vishal Pandit, President & CEO, GE Money India. GE Money expects to expand its operation and coverage aided by this network. Mr Prakash Bajpai, President Broadband and Wireline Business, Reliance Infocomm, said, "This engagement with GE is a significant milestone for our enterprise business."

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