RCom, Aircel may sign $300 mn infrastructure sharing deal

Reliance Communications' tower business Reliance Infratel is likely to enter into an end-to-end telecom infrastructure

agreement with Aircel for towers, voice carriage and bulk bandwidth worth about USD 300 million, according to sources. Reliance Communications (RCom) will execute this agreement through its tower subsidiary Reliance Infratel, in which RCom holds a 95 per cent stake. The agreement would provide Aircel access to Reliance Infratel's nationwide tower infrastructure comprising 50,000 sites and optic cable fibre backbone. This would help Aircel optimise its operational costs, while expanding or upgrading its mobile coverage. This agreement is expected to give RCom a revenue upside of over Rs 1,500 crore. RCom already has similar agreements with Etisalat DB and STel.