Reliance Communications (RCOM) has inked pact with Aircel, to sign sharing agreements in zones where it does not have network. With this initiative, the entity plans to add a total of 10,000 base stations and will be able to cut capital expenditure of around Rs 1,200 crore. The company has recently launched a growth plan by sharing agreements with competitors’.
Further, the company has to pay the operator with whom it has a tie up. This move will help it to penetrate in Tamil Nadu, Karnataka, Andhra Pradesh, Uttar Pradesh East and West, Maharashtra, Gujarat, Punjab and Rajasthan service areas.
