Reliance Jio signed Master Services Agreement with Indus Towers
Reliance Jio Infocomm Limited signed a Master Services Agreement with Indus Towers.
Reliance Jio Infocomm Limited on 22 September 2014 signed a Master Services Agreement (MSA) with Indus Towers for tower infrastructure sharing.
With this latest tie-up with Indus Towers, Reliance Jio will have access to over 288000 towers countrywide. Earlier in 2013, it tied up with major infrastructure providers and telecom companies that own towers Reliance Communications, Viom Networks and Bharti Infratel.
Highlights of the Master Services Agreement
Under the agreement, Reliance Jio will utilize the telecom tower infrastructure services being provided by Indus Towers to launch its services across the country. It will utilize around 113490 towers of Indus. The pricing will be based on prevailing market rates.
The agreement will help in avoiding duplication of infrastructure and preserving the environment. It will ensure seamless services to Reliance Jio customers through world class tower infrastructure of Indus Towers.
About Indus Towers
• Founded in 2007, Indus is headquartered in the National Capital Region, New Delhi.
• Indus Towers Limited is an independently managed company offering passive infrastructure services to all telecom operators.
• Indus Towers is a three-way joint venture between Bharti Airtel, Vodafone India and Idea Cellular where the first two own 42 percent each.
• Indus has a presence in the 15 major telecom circles of India and has achieved 237562 tenancies, the first in the telecom tower industry globally.
• Indus Towers is honoured and is the winner of the coveted, most prestigious the Gallup Great Workplace Award 2014.
Reliance Jio Infocomm Ltd. (RJIL)
• Reliance Jio Infocomm Limited (RJIL) is a subsidiary of Reliance Industries Limited (RIL).
• RJIL is the first telecom operator to get a unified licence for all 22 service areas in India. This licence allows RJIL to offer all telecom services including voice telephony.
• RJIL won radiowaves in the 1800 Mhz band also known as 2G spectrum which is presently used for 4G services worldwide.