Reliance pips VSNL for Deutsche Telekom deal
Reliance infocomm appears to have won the latest round in their ongoing bandwidth wars with VSNL.
Reliance Infocomm’s international network transport and communication service providing company, Flag Telecom, has bagged Deutsche Telekom’s bandwidth contract worth $80-100 million. The contract had reportedly attracted bids from Tata Group company Videsh Sanchar Nigam Ltd (VSNL), Cable & Wireless and Singtel.
The order, which sources said is the biggest till date, is to buy bandwidth under the sea between Europe and the US for Deutsche Telekom's retail broadband business all over Europe.
link: Financial express.
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