Bharti awards Nokia Rs 580cr contract
Category: News | No Comments | Posted on August 25, 2005
Bharti Televentures has awarded Nokia a $125 million contract to provide it with managed services over a three-year period and expand its network in eight circles including Mumbai, Maharashtra, Gujarat, Bihar, Jharkhand and Orissa. The deal will help Bharti to increase network coverage to more than 5,000 towns from around 3,000 at present.
This is not the first outsourcing deal for Bharti. It recently offered a contract of over Rs 1,200 crore to equipment supplier Ericsson in June and about a Rs 1,000-crore outsourcing contract to four BPO companies for handling Bharti’s call centre operations.
In 2004, Bharti had signed a $ 275-million contract with Nokia for supplying equipment for two years and rolling out mobile services for three years across the five circles.
Earlier, Bharti had announced that it would invest $1 billion in its fixed line and broadband operations by March 2006.
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