Alcatel gets $1-billion contract from RCom

Reliance Communications Ltd, India's [ Images ] No. 3 mobile phone carrier by customers, said on Wednesday it would award a multi-year contract valued at more than $1 billion to Franco-American telecommunications equipment maker Alcatel-Lucent to manage its network.

Alcatel-Lucent currently operates a joint venture with Reliance Communications [ Get Quote ] to manage the Indian carrier's network.

(Editing by Anand Basu)