Wednesday, March 26, 2008

Nortel Secures $100mn GSM Deal From BSNL

New Delhi: Bharat Sanchar Nigam Ltd has given a $100-million contract to the Canada-based technology major Nortel. BSNL''s GSM project had run into problem after Nokia Siemens rejected to accept the agreement on the grounds that the price offered was too low and the tender conditions were changed after the bids were placed. While Ericsson had assumed to take up part of the 22 million line contract, BSNL has decided to give the remaining part to its existing vendors. The deal with Nortel will enable BSNL to expand its network capacity in South India. India represents a tremendous opportunity for Nortel in the carrier space, with its consistently high growth rates and increasingly mobile population.

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