New Delhi : Ahead of the launch of its mobile services, Mukesh Ambani-owned Reliance Jio Infocomm signed an agreement with Bharti Infratel to utilise the latter’s tower infrastructure.
The companies have signed a master services agreement and pricing would be at ‘arm’s length,’ based on prevailing market rates, a joint statement by the two companies said.
“Under the agreement, Reliance Jio would utilise the telecom tower infrastructure of Bharti Infratel to launch its services across the country,” it added.
Sources told PTI that Reliance Jio, the telecom arm of Reliance Industries is likely to launch its 4G services by September this year starting from Delhi and Mumbai.
Bharti Airtel and Reliance Jio had last year announced a comprehensive arrangement for sharing telecom infrastructure. The arrangement included optic fibre network – inter and intra city, submarine cable networks, towers and Internet broadband services and other such opportunities identified in the future.
Bharti Infratel’s has over 82,000 telecom towers, which includes over 35,000 of its own towers and the balance from its 42 per cent equity interest in Indus Towers.