TCIL, Kuwait Telecom close to inking Rs. 200 crore deal.

Telecom Consultants India (TCIL) is close to bagging a nearly Rs. 200-crore contract for upgrading and maintaining Kuwait Telecommunications Co's landline and broadband networks, its chairman & managing director said.

TCIL has emerged the lowest bidder in Kuwait Telecom's landline expansion and maintenance tender, Vimal Wakhlu told ET, but declined to reveal the bid amount. 'If TCIL bags the contract, it will handle network development and maintenance on a turnkey basis for Kuwait Telecom's wireline and broadband networks in a majority of the country's governorates or regions'.

ET