Bharti to buy out Alca-Lu from network management JV

6 Feb 2013

Bharti Airtel has announced that it will buy out Alcatel-Lucent’s stake in the joint venture company that manages the telco’s fixed line and broadband networks in India. According to local news reports, the telco is looking to introduce a new business model to manage its fixed networks, along similar lines to Indus Towers. The venture, Alcatel-Lucent Managed Network Service India, was established in 2009 with the French-US vendor holding a 74% stake in the company to Airtel’s 26%: the network management deal between Bharti and Alca-Lu ends in April 2014. Following the planned buyout, Bharti intends to invite other operators for equity participation in the company, which will operate independently of the telco.

India, Alcatel-Lucent, Bharti Airtel