Reliance Communications is planning to share 70,000 km of intra-city fibre networks with Reliance Jio in a deal valued at Rs 3,000-3,500 crore. The third infrastructure sharing agreement between the two companies is expected to be finalized in early next week. Earlier, company had agreed to share 120,000 km of its inter-city fibre network with Reliance Jio for a Rs 1,200-crore fee.
RCom is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.
