Bharti Airtel to buy entire stake in Alcatel Lucent JV

Airtel introduced a new business model for managing fixed line and DSL broadband networks, on the lines of Indus Tower

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BANGALORE, INDIA: Telecommunications service provider Bharti Airtel announced that it will acquire the entire equity stake of Alcatel Lucent India in Alcatel Lucent Managed Network Service India, a joint venture between Bharti and Alcatel Lucent India. Bharti Airtel will manage and deploy Alcatel Lucent India’s fixed line and broadband network in India.

Sanjay Kapoor, CEO (India & South Asia), Bharti Airtel, said, “Bharti pioneered the outsourcing model that helped revolutionize the telecom industry and with this innovative model we are breaking new ground in an industry which is on the cusp of a massive data growth. This new model, along with our recently launched Network Experience Centre, will provide us greater control over the delivery of a world-class data experience to customers across our portfolio of networks.”

Airtel introduced a new business model for managing fixed line and DSL broadband networks, on the lines of Indus Towers. Shishir Kumar, CEO, Upper North, Bharti Airtel has been appointed as the CEO of the entity. The entity will operate independent of Bharti and going forward, will invite other operators to join in with equity participation and bring the management of their broadband and fixed line networks under its fold.

Munish Seth, president and managing director, Alcatel-Lucent India, said, “The formation of this new model is a step in that direction and will leverage the core competencies that Alcatel Lucent Managed Network Service India has built over time.”

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