Success in my Habit

Thursday, March 6, 2014

Reliance Jio signs deal for Bharti's towers

New Delhi: Weeks after bagging 1,800 MHz spectrum in 14 circles, Mukesh Ambani's Reliance Jio has started widening its telecom tower agreements to work towards a seamless launch. The company, that already holds pan-India spectrum in the 2,300 MHz band, has signed a tower deal with Bharti Airtel as it works to roll out its high-speed 4G plans where it will also offer voice over internet.
Reliance Jio signed a Master Services Agreement under which it will utilize the telecom tower infrastructure of Bharti Infratel to launch services. As per the agreement, the pricing would be at arm's length, based on prevailing market rates.
The deal with Bharti comes in even as Reliance Jio has an agreement with Anil Ambani's Reliance Communications (RCoM) for sharing of network. Reliance Jio has an inter-city optic fibre as well as tower sharing deal with RCoM, and its new tie-ups will mean that its outsourcing benefits will go to various operators and not just to the cash-strapped RCoM.

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