Reliance Jio Infocomm Limited (RJIL) and Bharti Infratel Limited have signed a Master Services Agreement. Under the agreement, RJIL would utilise the telecom tower infrastructure of Bharti Infratel to launch 4G services across the country. As per the agreement, the pricing would be at ?arm?s length,? based on prevailing market rates.
Commenting on agreement, Sanjay Mashruwala, managing director, RJIL, says, ?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.?
D S Rawat, chief operating officer, Bharti Infratel Limited, adds, ?Our vast footprint and high network uptime levels will offer significant synergies of faster access to market and lower operational costs. The agreement would also benefit our existing customers with lower rentals and energy charges as a result of additional sharing.?
Bharti Infratel is one of the country?s leading telecom tower company. It has a consolidated portfolio of over 82,000 towers, which includes over 35,000 of its own towers and the remaining towers are owned by Indus Towers. Bharti Infratel has 42 per cent equity interest in Indus Towers, making it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles.
