Reliance Communications inks pact with Etisalat DB Telecom
Anil Ambani-controlled Reliance Communications, on Wednesday entered into a 'long term passive infrastructure sharing agreement' with Etisalat DB.
The agreement with Reliance Communications Group is the first and the largest Telecom Infrastructure sharing including Towers and Transmission agreement of its kind in the Indian Telecom landscape.
Under the terms of the agreement, Etisalat DB and its subsidiary would outsource their Telecom Infrastructure requirements for the 15 telecom circles, encompassing end- to-end tower and transmission infrastructure to Reliance Infratel Limited and Reliance Communications Limited, respectively.
The agreement is expected to accelerate Etisalat DB Telecom's forthcoming roll out of telecom services in India. However, on the other hand it also expected to enhance RCOM group revenues by Rs 10,000 crore.
Etisalat is recognized as one of the largest telecommunications company in the world and also the largest operator in the Middle East with operation in 17 countries across Asia, the Middle East and Africa, servicing over 80 million customers.
The company offers fixed line services over the Next Generation Network and enables mobile users with a range of services and applications such as GPRS, 3G, 3.5G,
3.75G, BlackBeery, iPhone, MobileCam and others.