Reliance Jio entered into a lease agreement with Viom network reports ET, wherein the Reliance Jio would use Viom network of 42,000 telecom towers spread across the country to roll out its 4G services.
Reliance Jio, in effort to reduce its capital cost and avoid duplication of infrastructure wherever possible, has been entering into infrastructure sharing agreements with telecom companies.
“This agreement is in line with our mission of a pan-india launch spanning next generation voice and data services and leveraging existing infrastructure,” Sanjay Mashruwala, Managing Director of Reliance Jio Infocomm.
Fourth generation voice and data services are expected to be launched by fourth quarter this year. For this, Reliance Jio has planned to lease 70,000 towers and put 30,000 tower of its own including smaller cell sites on single poles.
Earlier Reliance Jio, entered into a deal with the Bharti Airtel to use its under-sea cable network, Internet broadband services and wireless towers. It also entered into a deal with RCOM Reliance Infratel Infocomm to use some of its network tower.
Besides this, last month Jio had a similar agreement with the Bharti Infratel Telecom unit of Bharti Airtel to share the network, thus moving ahead with its plans to strengthen its infrastructure to provide better data services to its subscribers.
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