Indian operators Reliance Jio Infocomm and Reliance Communications have signed a definitive agreement for sharing RCom's nationwide telecommunication towers infrastructure. Under the terms of the agreement, Reliance Jio Infocomm will use up to 45,000 ground and rooftop towers across RCom's nationwide network for roll-out of its 4G services. The agreement provides for joint working arrangements to configure the scope of additional towers to be built at new locations to enable delivery of enhanced services. The deal is estimated to be worth over USD 2 billion over the life of the contract, RCom said. This agreement follows the inter-city fibre sharing agreement already signed in April as part of a framework of business co-operation between Reliance Jio Infocomm and Reliance Communications.
