Bharti Airtel signs a mega networking deal with Ericsson

Bharti Airtel signs a mega networking deal with Ericsson

Bharti Airtel is the largest private telecom player in the Indian market. The company has now signed a major networking deal with Ericsson.

Bharti has awarded a record $2-billion network outsourcing, maintenance and management contract to the Swedish company.

Incidentally, this is the second major deal between the two companies. In august last year, Bharti signed a $1-billion deal with Ericsson.

This latest deal is one of the largest ever network deal in India. It also happens to be one of the largest contracts globally in the telecom space.

Bharti Enterprises group managing director Akhil Gupta added in a statement: “This marks the biggest deal our company has got into. It is a clear testimony to the big growth that is taking place in the Indian market.”

Bharti president & CEO Manoj Kohli had this to say: “Though Nokia Siemens has the network expansion and maintenance contract across eight circles, Ericsson will provide the IN platforms in these circles too as we want our pre-paid experience to be common across India — 80% of our subscribers are on pre-paid.”