Reliance Jio Infocomm has signed a tower-sharing deal with Tower Vision, which will help the telecom unit of Reliance Industries roll out its much-awaited high speed data and voice services faster and at a lower cost across India.
The deal is for sharing 8,400 towers of Tower Vision, the two companies said in a joint statement.
This is Mukesh Ambani-owned Jio's fifth tower-sharing agreement after having tied up with Bharti Airtel, Reliance Communications, Viom Towers and ATC India for using their respective tower infrastructures. Jio has also tied up with Bharti and Reliance Communications to lease their optic fibre networks, among other passive infrastructure.
“We are continuing to build wide coverage of high speed fourth generation (4G) networks through a combination of towers that we are constructing on our own and those that we are renting from quality tower infrastructure partners,“ Sanjay Mashruwala, managing director at Reliance Jio, said in the statement.
Reliance Jio plans to lease around 70,000 towers and put up 30,000 of its own, including smaller cell sites on single poles, as it aims to launch 4G voice and data services in the October-December quarter.
The deal is for sharing 8,400 towers of Tower Vision, the two companies said in a joint statement.
This is Mukesh Ambani-owned Jio's fifth tower-sharing agreement after having tied up with Bharti Airtel, Reliance Communications, Viom Towers and ATC India for using their respective tower infrastructures. Jio has also tied up with Bharti and Reliance Communications to lease their optic fibre networks, among other passive infrastructure.
“We are continuing to build wide coverage of high speed fourth generation (4G) networks through a combination of towers that we are constructing on our own and those that we are renting from quality tower infrastructure partners,“ Sanjay Mashruwala, managing director at Reliance Jio, said in the statement.
Reliance Jio plans to lease around 70,000 towers and put up 30,000 of its own, including smaller cell sites on single poles, as it aims to launch 4G voice and data services in the October-December quarter.
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