In the wake of the first wave of 3G rollouts in India, Global telecom equipment vendors will garner some $3 bn, making it the largest global telecom contract in calendar 2010.
The rollouts will propel the winners of 3G airwaves in India, to unveil 3G services that involve high-end facilities like video calling, interactive gaming and high-speed internet using phones by late December.
According to an industry executive, Vodafone Essar is close to awarding its 3G equipment order with existing vendors - Ericsson and Nokia Siemens - while adding that the deal size is estimated at roughly $500 million.
Idea Cellular, whose 3G equipment orders is estimated to be about $500 million in the first phase, is poised to place purchase orders with a mix of its existing vendors.
RCOM, which defended nearly 55% of its revenues by bagging 3G airwaves in 13 circles, is likely to invest roughly half a billion dollars in 3G network gear. Though this could not be independently confirmed from RCOM, analysts tracking 3G contracts across
