iWorld
Reliance Jio to share Videocon Telecom’s towers for 4G
MUMBAI: In order to make 4G roll out as smooth as possible, Reliance Industries’ subsidiary Reliance Jio Infocomm has tied up with Videocon Telecom in a strategic tower infra sharing agreement. This includes 500 towers in the areas of Bihar, Jharkhand and west and east Uttar Pradesh.
Through this deal, Reliance Jio will be able to save costs, get better network outreach and offer seamless network services to consumers. In future, Videocon Telecom will explore possibilities with Reliance Jio in terms of 4G network sharing, optical fibre network sharing, internet broadband services and other such opportunities.
Videocon is also looking at rolling out 4G services later in the year in eight states in partnership with Chinese company Huawei. It has already launched its 4G LTE FDD services on 1800 MHz across six circles. The rates for 4G will be at 2G and 3G prices, it had said earlier in the year.
Videocon plans to deploy additional 6000 towers by the end of the year for its 4G services.
