February 11, 2013 1:29 PM IST

Ericsson Wins $1 Billion Contract from RComm

Mobile phone carrier Reliance Communications Ltd(RLCM.NS) said on Monday that it has awarded an eight-year contract valued at $1 billion to telecommunications equipment maker Ericsson(ERICb.ST) to manage its networks in the northern and western states of India.

Reliance Communications

Last month, Reliance Communications gave Alcatel-Lucent SA (ALUA.PA) an eight-year contract valued at more than $1 billion to manage its mobile and fixed networks in east and south India.