India's Reliance Jio Infocomm Signs Tower Lease Agreement
Published on: 4th Mar 2014
India's Reliance Jio Infocomm (RJIL) says that it has signed a tower sharing agreement with Bharti Infratel to launch its services across the country.
RJIL holds spectrum in1800 MHz (across 14 circles) and 2300 MHz (across 22 circles) capable of offering 4G wireless services.
RJIL has already entered into agreements with Reliance Communications for mutual sharing of telecom towers and optical fibre network. It has also entered into an arrangement with Bharti Airtel for sharing of telecom towers and optical fibre which can be extended to other services as per mutual agreement of the two partners.
Sanjay Mashruwala, Managing Director, Reliance Jio said, "This agreement is in line with our earlier comprehensive telecom infrastructure sharing arrangement with Bharti Airtel Limited aimed at avoiding duplication of infrastructure, wherever possible, and to preserve capital and the environment. The agreement will help us with the faster roll out of our services across the country."
The company is generally expected to launch its mobile network by September, with services initially available in Delhi and Mumbai.