Indian 4G LTE service provider Reliance Jio today announced its agreement with Bharti Infratel to utilize the telecom tower infrastructure.
Bharti Infratel, which also supports operators such as Bharti Airtel, did not share the pricing details and the number of towers.
This agreement is in line with its earlier telecom infrastructure sharing deal with Bharti Airtel aimed at avoiding duplication of infrastructure.
“The agreement will help us with the faster roll out of our services across the country,” said Sanjay Mashruwala, managing director, Reliance Jio.
Bharti Infratel has more than 82,000 telecom towers, which includes over 35,000 of its own towers and the balance from its 42 percent equity interest in Indus Towers.
Reliance Jio Infocomm holds spectrum in1800 MHz across 14 circles and 2300 MHz across 22 circles capable of offering fourth generation (4G) wireless services.
The company is yet to announce its official launch plan. It will launch 4G data and voice services utilizing both TD and FD LTE technology.
Tapping the growing 4G market, LG yesterday announced its TD-LTE smartphone for a price of Rs 46,000 for 16GB and Rs 49,000 for 32GB model.
D S Rawat, CEO – Bharti Infratel, said: “The agreement would also benefit our existing customers with lower rentals and energy charges as a result of additional sharing.”
