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India's Reliance Jio Infocomm Signs Another Tower Sharing Agreement

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India's Reliance Jio Infocomm has signed a tower sharing agreement with Ascend Telecom Infrastructure.

The deal gives the new mobile network operator access to some 4,500 towers owned by Ascend Telecom Infrastructure.

"Our partnership with Ascend Telecom is a continuation of our efforts to forge strategic partnership with key tower infrastructure companies to build a formidable nationwide network," Reliance Jio Infocomm Ltd Managing Director Sanjay Mashruwala said in a statement.

The latest deal comes after similar agreements with Bharti Airtel, RCom, Viom and American Tower. In total, the theoretical total tower portfolio reaches 192,500 towers across the country, although there will be some overlaps so the realistic usage figure will be much lower.

Reliance Jio Infocomm is expected to launch its 4G based network sometime in the third quarter of this year.

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Tags: reliance jio infocomm  India