Reliance Jio and Indus Towers ink infrastructure sharing deal

Under the agreement, Reliance Jio would utilize the telecom tower infrastructure services being provided by Indus Towers to launch its services across the country.

As per the agreement, the pricing would be based on prevailing market rates.

The agreement will help in avoiding duplication of infrastructure and preserving the environment.

It will also ensure seamless services to Reliance Jio customers through Indus’ world class tower infrastructure. 

Sanjay Mashruwala, Managing Director, Reliance Jio said in a statement, “We are continuing our effort to create a new age network which will provide innovative and empowering digital solutions to every Indian through our high speed 4G services. We are building our network through a combination of infrastructure network that we are creating on our own and those that we are renting from quality partners. We already have such tower sharing agreements with all the major players in India, and this relationship with Indus Towers will further accelerate the rollout of our services.”

B.S. Shantharaju, CEO, Indus Towers said, “We are delighted to partner Reliance Jio in their endeavor to roll-out next generation wireless broadband services. Our footprint in 15 Circles in India coupled with high network uptime levels, cost effective solutions, faster access to market and lower operational costs will provide Reliance Jio a robust and seamless telecom infrastructure. Additionally, our agreement with Reliance Jio will also bring benefits to our existing customers in the form of lower rentals and energy costs.