Bharti infratel

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Reliance Jio and Bharti Infratel Join Hands in Tower Infrastructure Sharing

Pan India 4G spectrum holder Reliance Jio Infocomm and Bharti Infratel, today announced the signing of a Master Services Agreement for tower infrastructure sharing. Under the agreement, Reliance Jio would utilize the telecom tower infrastructure of Bharti Infratel to launch its 4G Mobile and Data services across all circles. As per the agreement, the pricing would be at ‘arm’s length,’ based on prevailing market rates. Sanjay Mashruwala, Managing Director, Reliance… Read More

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Bharti Infratel to use IPO Proceeds For Towers

Bharti Infratel, a subsidiary of telecom operator Bharti Airtel, will use the proceeds of its Initial Public Offering (IPO) to set up 4,813 new telecom transmission towers and upgradation its existing ones. The company was looking at raising about Rs 5,000 crore through the IPO and had filed the Draft Red Herring Prospectus (DRHP) last week. The public offer would constitute an offer of 18.89 crore shares, comprising a fresh… Read More

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How Telecom Industry Can Protect India Against 13 Million CO2 Emission?

Today telecom industry contributes INR 84 trillion dollars to global economy. According to GSMA the growth in the industry is led by the increase in wireless subscription expected to continue and cross 8 billion by 2020 from current subscriber base of 4.6 billion globally. With increasing demand for telecom services, the energy consumption has also grown significantly and poses an environment challenge in terms of larger carbon emission footprint of… Read More

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