Fujitsu wins $1.5 billion deal

Network technology vendor Fujitsu has earned a $1.5 billion agreement from India's Flag Telecom, a unit of that nation's Reliance Communications, the carrier that recently announced an acquisition of U.S.-based Yipes Enterprise Services.

The plan is for Fujitsu to add to Flag's submarine fiber network, to double the route miles of the current network. Fujitsu reportedly beat out several other vendors for the deal.

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