Bharti, Alcatel-Lucent in $500-mn outsourcing deal

Bharti, Alcatel-Lucent in $500-mn outsourcing deal

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NEW DELHI - Telecom major Bharti Airtel Thursday awarded a $500-million deal to Alcatel-Lucent for outsourcing the management and servicing of its broadband and fixed line network for five years.

The deal involves creation of a joint venture with Alcatel Lucent holding 76 percent of the equity, and Bharti having the remainder 24 percent.

‘This joint venture [...]

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