India’s largest telcoms company has finalized an outsourcing deal where French-American networks major Alcatel Lucent will manage, build and operate its (Bharti’s) landline business. The deal size can be upwards of $500 million spread over a 10-year period. Alcatel-Lucent will also take on over 4,000 Bharti employees who currently handle its landline business on to its roles.
Bharti has over 2.7 million landline users spread over 95 cities. This segment had a profit margin of 42.1% for the quarter-ended March 31 and 42.4% for the year-ended March 09. Besides, it also contributed revenues to the tune of Rs 8,585 crore for the quarter-ended March 09 and Rs 33,517 crore for the year-ended March 09. This segment also accounts for about 9% of Bharti’s total earnings. The average revenue per user for Bharti’s landline business is Rs 1,071 per month, which is three times higher than that of the telco’s average mobile customer.
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