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RIL’s telecom arm inks tower infrastructure sharing agreement

16 May 2014 Evaluate

Reliance Industries’ (RIL) telecom arm - Reliance Jio Infocomm (RJIL), and Tower Vision India, an independent tower company in India, have entered into a Master Service Agreement (MSA) for tower sharing. Under the agreement, Reliance Jio would utilize the telecom tower infrastructure of Tower Vision to launch its services across the country. Tower Vision has a portfolio of 8,400 towers in India.

Tower Vision India specializes in the provisions of passive infrastructure to the wireless telecommunications industry on a shared, multi-tenancy basis. Tower Vision India combines high expertise in roll-out, operation and maintenance of Telecom infrastructures.

RJIL, India’s largest private sector company, is the first telecom operator to hold pan India Unified License. This license authorizes RJIL to provide all telecommunication services except Global Mobile Personal Communication by Satellite Service. 

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Company Name CMP
Reliance Industries 1210.80
Indian Oil Corpn. 130.45
Bharat PetroleumCorp 297.25
HPCL 346.15
MRPL 180.50
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