Stronger Brotherhood: After OFC Deal, Reliance Jio Goes for RCom’s 45,000 Towers
Shortly after Annual Meeting of Reliance Industries, the company announced that Reliance Jio and Reliance Communications signed comprehensive agreement for sharing later's nationwide tower infrastructure. This deal follows the inter city optic fiber network sharing deal between two companies in April, 2013. The deal is expected to be valued at Rs 12,000 crore (more than $2 billion) during the lifetime of the agreement. Reliance Jio, a subsidiary of Mukesh Ambani... Read More
