Flag Telecom bags $35 mn deal

FLAG Telecom, the global telecom arm of the Anil Ambani-led Reliance Communications, is believed to have won a $35 million worth international deal for providing international bandwidth to China Netcom.

Under this contract, FLAG Telecom would provide close to 50GB of high-quality international bandwidth for the retail broadband operations of the Chinese telecom major.

The deal, among the largest across the Pacific, is estimated to be close to $ 35 million. FLAG would be providing the link between China and West Coast of the US to China Netcom, sources said.

Earlier this week, Reliance Group chairman Anil Ambani made a visit to four countries in the Middle East where he signed deals that would earn revenues of over $150 million on the Reliance Communications' soon-to-be-launched Falcon cable.

This mega deal across the Pacific comes shortly after the Anil Dhirubhai Ambani Group company made waves by bagging the largest enterprise deal across the trans-Atlantic under which it would provide 150-200 GB of international bandwidth for the retail broadband operations of Deutsche Telekom AG.

Reliance Group Chairman Anil Ambani had met up with senior level delegations of OmanTel, ITC - Saudi, Bahrain's Batelco and ministry of telecommunications, Kuwait where plans of enabling the broadband revolution in the oil-rich states were discussed.