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.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1846.55 |
| Vodafone Idea | 9.62 |
| Indus Towers | 412.35 |
| Tata Communications | 1521.05 |
| Bharti Hexacom Ltd. | 1538.30 |
| View more.. | |
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