TMCnet News
India : RELIANCE JIO signs tower-sharing deal with INDUS TOWERS [TendersInfo (India)](TendersInfo (India) Via Acquire Media NewsEdge) Reliance Jio Infocomm Limited, a subsidiary of Reliance Industries Limited (RIL), the only pan India operator with BWA spectrum planning to unveil 4G services and Indus Towers, the globe's biggest and India's top provider of telecom tower infrastructure, declared the finalising of a Master Services Agreement (MSA) for tower infrastructure sharing. Under the deal, Reliance Jio would use the telecom tower infrastructure services being offered by Indus Towers to introduce its services across the nation. As per the deal, the pricing would be based on prevailing market rates. The deal will aid in avoiding duplication of infrastructure and preserving the environment. It will also make sure seamless services to Reliance Jio clients through Indus' world class tower infrastructure. Sanjay Mashruwala, Managing Director, Reliance Jio said, "We are continuing our effort to create a new age network which will provide innovative and empowering digital solutions to every Indian through our high speed 4G services. We are building our network through a combination of infrastructure network that we are creating on our own and those that we are renting from quality partners. We already have such tower sharing agreements with all the major players in India, and this relationship with Indus Towers will further accelerate the rollout of our services." Mr. B.S. Shantharaju, CEO, Indus Towers said, "We are delighted to partner Reliance Jio in their endeavor to roll-out next generation wireless broadband services. Our footprint in 15 Circles in India coupled with high network uptime levels, cost effective solutions, faster access to market and lower operational costs will provide Reliance Jio a robust and seamless telecom infrastructure. Additionally, our agreement with Reliance Jio will also bring benefits to our existing customers in the form of lower rentals and energy costs. At the same time, the infrastructure sharing will help in avoiding duplication of towers and benefit the environment through lower power and fuel consumption. On this new partnership, we look forward to a long and mutually beneficial relationship with Reliance Jio." Indus Towers has a well-defined infrastructure sharing plan to aid and to improve infrastructure sharing in India, thereby enabling for expansion of wireless networks into rural areas and endorsing better environmental utilization of resources in metro areas. Presently Indus Towers services 11 operators namely Airtel, Vodafone, Idea, Aircel, Tata Teleservices, Uninor, Reliance Communications, Videocon, MTNL, BSNL & MTS. (c) 2014 Euclid Infotech Pvt. Ltd. Provided by SyndiGate Media Inc. (Syndigate.info). |