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Reliance Jio and Bharti Infratel Join Hands in Tower Infrastructure Sharing

Reliance Jio Infocomm, a subsidiary of Reliance Industries Limited and the first telecom operator to hold Pan India Unified License, and Bharti Infratel, India’s leading provider of telecom tower infrastructure, today announced the signing of a Master Services Agreement. Under the agreement, Reliance Jio would utilize the telecom tower infrastructure of Bharti Infratel to launch its services across the country. As per the agreement, the pricing would be at ‘arm’s length,’ based on prevailing market rates.
Sanjay Mashruwala, Managing Director, Reliance Jio said, “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.”