Bharti Infratel’s joint venture (JV) - Indus Towers, in which the company own 42% stake, has inked a Master Services Agreement (MSA) with Reliance Jio Infocomm (Reliance Jio), for tower infrastructure sharing. Reliance Jio Infocomm is a subsidiary of Reliance Industries, the only pan India operator with BWA spectrum preparing to launch 4G services in the country.
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.
