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Ericsson signs India deal for billions

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09:48 CEST+02:00
Telecom giant Ericsson on Thursday said it has completed a deal with India's Bharti Airtel to expand and upgrade its GSM/GPRS network and managed services for some 7 billion kronor, the Stockholm-based company said in a press release.

The deal will allow Bharti Airtel to extend its GSM footprint in the country and increase its network capacity.

The three-year service agreement will see Ericsson manage design, development, and deployment of Bharti's network, allowing it to expand into rural India.

"Rollout speed plays an extremely important role in large expansions of this nature and Ericsson has demonstrated expertise in this area,” said Mats Granryd, managing director at Ericsson India. “We are honored and pleased that Bharti Airtel has chosen us as a partner to expand its coverage across India, particularly in the untapped rural areas."

Ericsson is a long-term Bharti partner, managing more than 70 percent of its GSM/GPRS network in 15 regions in India.

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