The Mukesh Ambani-controlled Reliance Jio Infocomm and the Sunil Mittal-led Bharti Airtel — two players that could soon be seen locking horns in the 4G long-term evolution (LTE) space — on Tuesday signed an agreement to share telecom infrastructure.
This includes sharing of inter- and intra-city fibre-optic networks, submarine cable networks, towers and internet broadband services, besides other opportunities identified later. In a joint statement, the two said the cooperation was aimed at avoiding duplication of infrastructure, wherever possible, and to preserve capital and the environment.
“This will... ensure seamless services to customers of both parties. The arrangement could, in future, be extended to roaming on 2G, 3G and 4G, and other mutually-benefitting areas relating to telecommunication, including, but not limited to, jointly laying fibre-optic or other forms of infrastructure services. The pricing would be at ‘arm’s length’, based on prevailing market rates,” the joint statement said.
source: www.bussiness-standard.com
This includes sharing of inter- and intra-city fibre-optic networks, submarine cable networks, towers and internet broadband services, besides other opportunities identified later. In a joint statement, the two said the cooperation was aimed at avoiding duplication of infrastructure, wherever possible, and to preserve capital and the environment.
“This will... ensure seamless services to customers of both parties. The arrangement could, in future, be extended to roaming on 2G, 3G and 4G, and other mutually-benefitting areas relating to telecommunication, including, but not limited to, jointly laying fibre-optic or other forms of infrastructure services. The pricing would be at ‘arm’s length’, based on prevailing market rates,” the joint statement said.
source: www.bussiness-standard.com
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