Lucent inks $100 million management services agreement
Telecom New Zealand has signed a $100 million agreement with Lucent Technologies for the global network provider to manage its 027 CDMA mobile network.
The five-year agreement is said to be one of the most extensive management service agreements in the world among mobile network operators.
Lucent, headquartered in Murray Hill, New Jersey, through its Lucent Worldwide Services division (LWS), is responsible for the network planning, design, deployment, support, and overall management of Telecom's 027 CDMA network.
Lucent was responsible for building and deploying the CDMA network for Telecom 18 months ago, marking the first commercial CDMA 1X (a 3G technology) wireless network in Australasia.
'The Telecom/Lucent agreement is an example of the emerging growth in the Managed Services market,' said Joseph Bova, vice president of Managed Services for LWS. 'Now, Telecom, already a global telecommunications leader in network performance, is free to focus on its core business activities as a way of differentiating its business while taking advantage of a new business model that assures network reliability and cost reduction.
'Managed Services is a major opportunity for Telecom because of Lucent's extensive knowledge and experience in managing, operating and designing the world's most complex networks coupled with the industry's premier innovation engine, Bell Labs.'