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Reliance Jio signs third tower sharing pact with Tower Vision

LiveMint logoLiveMint 15-05-2014 Promit Mukherjee

Mumbai: The Mukesh Ambani-controlled Reliance Industries Ltd’s (RIL’s) subsidiary Reliance Jio Infocomm Ltd has signed a third wireless tower sharing agreement with Tower Vision India Pvt. Ltd.

Reliance Jio will use Tower Vision’s 8,400-strong telecom tower infrastructure to roll out its 4G services across the country.

This is the fourth such infrastructure-sharing agreement and third tower sharing agreement that Reliance Jio has signed as it prepares to launch its 4G services.

On 4 March, Reliance Jio signed an agreement with the country’s biggest telecom service provider, Bharti Airtel Ltd, to use the latter’s 82,000 towers. This was followed by a tie-up with Viom Networks Ltd on 17 March to ride on its 42,000 towers. Later, on 21 April, it signed a pact with ATC India for its 11,000 telecom towers. This was preceded by an agreement with younger brother Anil Ambani’s Reliance Communications Ltd to share its nationwide intra-city fibre network.

With Thursday’s agreement with Tower Vision, Reliance Jio will have access to over one lakh telecom towers. The company hasn’t yet disclosed the official dates for rolling out its 4G services. It has already spent $6 billion in the business.

Tower Vision had entered India a few years ago to build, own and operate telecom towers for telecommunication companies in India. Its first major customer was Spice Communications.

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