3G brings $3 bln bonanza to gear firms
09-09-2010
Six telcos are placing big orders
Global telecom equipment vendors are looking at revenues in the region of $3 billion in the first wave of 3G rollouts in India, making it the largest global telecom contract for them in calendar 2010.
The six winners of 3G spectrum in India ? Vodafone Essar, Bharti Airtel, Reliance Communications , Idea Cellular, Aircel and Tata Teleservices ? are poised to place equipment contracts collectively worth $3 billion in the next 30 days, executives with these companies say.
Vodafone Essar is reported to be close to awarding its 3G equipment order with existing vendors ? Ericsson and Nokia Siemens. The deal size is estimated at roughly $500 million.
In the case of Bharti Airtel, its existing vendors Ericsson and Nokia Siemens are frontrunners to bag the deal. As per industry estimates, Bharti's contract size will be in the range of $700 million.
Idea Cellular, whose 3G equipment order is estimated to be about $500 million in the first phase, is talking to all its existing vendors - Nokia-Siemens Networks, Ericsson , Huawei and ZTE - for 3G rollouts in 11 circles
Last week, Tata Teleservices said Chinese gear major Huawei would implement the initiation of 3G services for the company in five circles while Nokia Siemens Networks has bagged the contract for the remaining four circles. The combined deal size for the Tatas is just under $300 million, an industry executive tracking the equipment contracts said.
RCOM, which bagged 3G airwaves in 13 circles, is likely to invest roughly half a billion dollars in 3G network gear. Analysts tracking 3G contracts across emerging markets expect the company to buy nearly $500-million 3G gear in the first flush. Huawei is tipped as the frontrunner to bag the deal.
Aircel is also poised to buy some $500 million of 3G gear later this month. "Our process of request for proposals (for hardware) is underway. We hope to close it in two or three weeks" Aircel's COO Gurdeep Singh had told Economic Times, while adding that the company expects to roll out 3G services by January. An executive close to Aircel said the company would invest between $400-500 million towards capex for its 3G rollout.
Based on a story in Economic Times
Global telecom equipment vendors are looking at revenues in the region of $3 billion in the first wave of 3G rollouts in India, making it the largest global telecom contract for them in calendar 2010.
The six winners of 3G spectrum in India ? Vodafone Essar, Bharti Airtel, Reliance Communications , Idea Cellular, Aircel and Tata Teleservices ? are poised to place equipment contracts collectively worth $3 billion in the next 30 days, executives with these companies say.
Vodafone Essar is reported to be close to awarding its 3G equipment order with existing vendors ? Ericsson and Nokia Siemens. The deal size is estimated at roughly $500 million.
In the case of Bharti Airtel, its existing vendors Ericsson and Nokia Siemens are frontrunners to bag the deal. As per industry estimates, Bharti's contract size will be in the range of $700 million.
Idea Cellular, whose 3G equipment order is estimated to be about $500 million in the first phase, is talking to all its existing vendors - Nokia-Siemens Networks, Ericsson , Huawei and ZTE - for 3G rollouts in 11 circles
Last week, Tata Teleservices said Chinese gear major Huawei would implement the initiation of 3G services for the company in five circles while Nokia Siemens Networks has bagged the contract for the remaining four circles. The combined deal size for the Tatas is just under $300 million, an industry executive tracking the equipment contracts said.
RCOM, which bagged 3G airwaves in 13 circles, is likely to invest roughly half a billion dollars in 3G network gear. Analysts tracking 3G contracts across emerging markets expect the company to buy nearly $500-million 3G gear in the first flush. Huawei is tipped as the frontrunner to bag the deal.
Aircel is also poised to buy some $500 million of 3G gear later this month. "Our process of request for proposals (for hardware) is underway. We hope to close it in two or three weeks" Aircel's COO Gurdeep Singh had told Economic Times, while adding that the company expects to roll out 3G services by January. An executive close to Aircel said the company would invest between $400-500 million towards capex for its 3G rollout.
Based on a story in Economic Times
