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Reliance Communications Ltd And Reliance Jio Infocomm Limited Strike INR12,000 Crore (INR120 Billion) Tower Pact-Business Standard


Friday, 7 Jun 2013 01:52am EDT 

Business Standard reported that Reliance Communications Ltd has signed a INR12,000-crore (INR120 billion) tower sharing deal with Reliance Jio Infocomm Limited. Under the terms of the agreement, Reliance Jio Infocomm will utilise upto 45,000 ground and rooftop based towers across RCom’s nationwide network for accelerated roll-out of its 4G services. The agreement provides for joint working arrangements to configure the scope of additional towers to be built at new locations to ensure deep penetration and seamless delivery of next generation services. 

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19 Dec 2014