Under terms of the agreement, Reliance Jio will use ATC’s tower infrastructure to launch its own services across India.
“We at Reliance Jio want to provide innovative and empowering products, services and content to every Indian,” said Sanjay Mashruwala, managing director at Reliance Jio. “To this end, we are committed to creating a cutting edge network for high-speed 4G, and our relationship with ATC will accelerate the roll-out of these services across India.”
ATC operates approximately 11,000 towers across India and the company’s COO, B Ramanand, said that the partnership with Reliance Jio will strengthen ATC’s repute as the leading independent tower company in India.
“There is considerable pent-up demand for data and 4G has tremendous growth potential. We are delighted to offer our countrywide network infrastructure to help Reliance Jio in its aggressive nationwide roll-out,” he said.
The partnership with ATC follows a similar agreement Reliance Jio signed with Viom Networks for telecoms tower sharing in March this year.
The deals form part of Reliance Jio’s countrywide strategy to lease around 70,000 telecoms towers and build 30,000 of its own, with a view to launching 4G services across India between October and December this year.