Business Daily from THE HINDU group of publications Wednesday, Sep 19, 2007 ePaper |
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Info-Tech
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Overseas Investments
Our Bureau New Delhi, Sept. 18 Bharti Airtel on Tuesday announced that it has signed a managed networks deal for its Sri Lanka operations with Huawei Technologies. The three-year deal is valued at approximately $150 million and includes supply of third generation mobile services gear and software. “With the network deal in place, customers in Sri Lanka can look forward to a host of innovative products and services at an affordable price from Airtel’s vast portfolio. The latest custom-built technology from Huawei is expected to reduce Bharti Airtel’s total cost of ownership as well as enhance its competitive edge. Specifically, Huawei’s Distributed Node B will enable Bharti to deploy the network faster and more cost-effectively,” said a press release. Bharti Airtel was recently awarded the licence to provide 2G and 3G mobile services in Sri Lanka and is expected to launch services by the year-end. Malaysia Telekom-owned Dialog is the largest operator in that country with over 60 per cent market share. Mr Sanjay Nandrajog, Executive Director, International Operations & Managed Services, Bharti Airtel, said: “Bharti Airtel is committed to creating a latest mobile network and offering world-class and affordable 2G and 3G services to customers in Sri Lanka. Huawei has established credentials as a global company producing high quality products and solutions. We are delighted to be partnering Huawei in this endeavour of ours.” Mr Max Yang, CEO, Huawei India, said: “We are extremely proud and happy to partner with Bharti Airtel who pioneered the telecom revolution in India and continues to contribute immensely to the remarkable growth of the telecom sector. We look forward to continuing this strategic partnership with Bharti Airtel by providing innovative and customer-oriented solutions and services including wireless solutions.” More Stories on : Overseas Investments | Telecommunications | Bharti Tele-Ventures Ltd
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