RELIANCE JIO INFOCOMM & RELIANCE COMMUNICATIONS ENTER INTO STRATEGIC PARTNERSHIP COVERING 4G LTE SERVICES
TELECOM
by Shrutee K/DNS
January 18, 2016: Reliance Jio Infocomm Ltd (“RJIL”) and RelianceCommunications Limited (“RCOM”) today announced thesigning of Agreements for Changein Spectrum Allotment in 800 MHz band across 9 Circles from RCOM to RJIL, and forSharing of Spectrum in 800 MHz band across 17 Circles. As part of the enhanced strategic collaboration, both Companies also intend to enter intoreciprocal Intra Circle Roaming(“ICR”) arrangements.
Access to enhanced spectrum footprint in the 800 MHz band will
complement RJIL’s best-in class LTE services rollout,providing increased network coverageand superior service quality.
RCOM’s customers will benefit from access to Reliance Jio’s world class nationwide 4G LTE network under the reciprocal sharing and ICR agreements. The arrangements are subject to liberalisation of RCOM spectrum in the 800 MHz band and
obtaining requisite approvals. These agreements further strengthen the comprehensive framework of
business co- operation between
RJIL and RCOM GROUP, following the nationwide long term IRU agreements for inter and intra city optical fibre networks, and for sharing of telecomtower
infrastructure. The spectrum arrangements between RJIL and RCOM will result
in network synergies,enhanced network capacity and will optimise spectrum utilisation and capex efficiencies. Both operators anticipate considerable savings in operating costs and future investment in networks.
About Reliance Communications Limited:
Reliance Communications Limited founded by the late Shri Dhirubhai H Ambani (1932-2002) is the flagship
company of the Reliance Group. TheReliance Group had a net worth in excess of Rs. 91,500 crore (US$ 15.3 billion), cash flows of Rs. 10,200 crore (US$ 1.7 billion), net profit of Rs. 4,700crore (US$ 0.8 billion).
Reliance Communications is India's foremost and truly integrated telecommunications service provider. The Company has a customer base of over118 million including over 2.6 million individual overseas retail customers.
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