Reliance Jio joins hand with ATC for tower-sharing
Reliance Jio Infocomm and ATC India Tower Corporation Monday inked an agreement under which the former would use tower infrastructure of the latter to launch its telecom services across the country.
ATC has 11,000 towers in India.
"We at Reliance Jio, want to provide innovative and empowering products, services and content to every Indian. To this end, we are committed to creating a cutting edge network for high speed 4G. Our relationship with ATC will accelerate the rollout of these services across India," Sanjay Mashruwala, managing director, Reliance Jio, said.
Reliance Jio is a subsidiary of Reliance Industries Limited.
"There is considerable pent up demand for data and 4G has tremendous growth potential. We, at ATC India, are delighted to offer our countrywide network infrastructure to help Reliance Jio in its aggressive nationwide roll-out. We believe this will strengthen our foothold as the leading independent tower company in India," ATC chief operating officer B. Ramanand said.
Reliance Jio already has agreements with Bharti Airtel, Reliance Communications and Viom Network to utilise their infrastructure.
(Posted on 21-04-2014)