The Shyam-Sistema JV is learnt to be in an advanced stage of negotiations with Reliance Telecom Infrastructure Limited (RTIL), RCOM’s hived-off tower arm, for a Rs 50 billion deal spread over 10 years.

The Shyam-Sistema JV is learnt to be in an advanced stage of negotiations with Reliance Telecom Infrastructure Limited (RTIL), RCOM’s hived-off tower arm, for a Rs 50 billion deal spread over 10 years. According to the arrangement, Shyam-Sistema will offer mobile services by using RTIL’s infrastructure, both active and passive, for 10 years. Shyam-Sistema will also be able to offer roaming services in those circles where it does not have operations. Other players such as Datacom, Unitech, S Tel and Loop Telecom are also reportedly exploring such business models.