The arrangement included optic fibre network - inter and intra city, submarine cable networks, towers and Internet broadband services and other such opportunities identified in the future.
Bharti Infratel's has over 82,000 telecom towers, which includes over 35,000 of its own towers and the balance from its 42 per cent equity interest in Indus Towers.
"Our vast footprint and high network uptime levels will offer significant synergies of faster access to market and lower operational costs," Bharti Infratel CEO D S Rawat said.
He added the agreement would also benefit its existing customers with lower rentals and energy charges as a result of additional sharing.
Reliance Jio is the first telecom operator to hold pan- India Unified License and had announced in July last year that it will add 7,000 employees taking total headcount at company to 10,000 in 2014-15.
Reliance Jio started first trial of its 4G services in Delhi, Mumbai and Jamnagar. The Department of Telecom has allocated 22 million numbers for launch of services.
Reliance Jio in tie up with Bharti Infratel for tower use
New Delhi: Mukesh Ambani-owned Reliance Jio Infocomm Limited has tied up with Bharti Infratel, a subsidiary of Bharti Enterprises, to utilise the latter's telecom tower infrastructure to launch its services across the country. The two
Read all the Breaking News Live on indiatvnews.com and Get Latest English News & Updates from Business and India Section
Advertisement
Advertisement
-
Tata Steel to merge European operations with Thyssenkrupp to create 2nd largest steel behemoth
-
Bengaluru: I-T raids on S M Krishna’s son-in-law Siddhartha, owner of Cafe Coffee Day chain
-
5 reasons why TRAI’s decision on IUC cut will significantly boost RIL’s earnings
-
GST interim returns: Over 75 per cent eligible taxpayers waited for last day to file returns, says Jaitley
-
India replaces China as top retail destination in 2017: Study
Top News
-
US forces had Houthi targets ready, but Trump made last-minute U-turn: Report
-
'Normalised by Andhbhakts': Oppn tears into Bihar govt over Jamui incident, seeks CM's resignation
-
Cracking the Jat code: Why Jayant Chaudhary's RLD remains key to conquering the 2027 UP battle
-
Zaheer Khan appointed Chennai Super Kings head coach ahead of IPL as franchise looks to bounce back
Advertisement
Advertisement