Reliance Industries Ltd.

Reliance Industries’ telecom arm - Reliance Jio Infocomm (RJIL) has signed a deal with state-owned telecom firm BSNL for leasing around 4,000 mobile towers. As per the deal, BSNL will be offering a base rate of Rs 38,000 per month for ground based towers (GBT) and Rs 24,900 per month for rooftop based towers (RBT). BSNL however, will offer discounted rates if Reliance Jio commits leasing of at least 1,500 towers in the first year.

Further, the rent for ground towers will be Rs 35,000 per month and Rs 21,000 per month for rooftop towers if Reliance Jio commits leasing of 1,500 towers in first year.

RJIL is the first telecom operator in the country to get a unified licence for all 22 service areas in India. The unified licence, which it received in October, will allow RJIL to offer all telecom services, including voice telephony.