  Reliance Jio Infocomm Ltd. (RJIL), has signed a telecom tower sharing agreement with Ascend Telecom Infrastructure Pvt. Ltd. Under the agreement, RJIL will utilize the pan-India tower infrastructure of Ascend to launch its 4G services, ensuring a faster and more efficient rollout to its customers. Ascend has a portfolio of more than 4,500 towers across India.
This is Reliance Jio's sixth tower sharing agreement after having tied up with Bharti Airtel, Reliance Communications, Viom Towers and ATC India for using their respective tower infrastructures.
The company has successfully deployed innovative and efficient solutions which reduce providers’ operating costs and carbon footprints. It is at the forefront of leveraging technology to manage infrastructure efficiently. Ascend is backed by New Silk Route Growth Capital, IL&FS and the TVS Group.
“Our partnership with Ascend Telecom is a continuation of our efforts to forge strategic partnership with key tower infrastructure companies with a view to build a formidable nationwide network. Ultimately it’s our network coverage footprint that will give our customers the geographical freedom they need to avail our high speed services”, said Sanjay Mashruwala, Managing Director, Reliance Jio.
“Our 12 years’ experience in the market, coupled with strong relationships with mobile network operators and equipment suppliers, allows us to bring improvements right across the value chain. We are excited about the opportunity to partner with RJIL for the launch of their 4G services. Our network of more than 4,500 towers across the country will make higher quality, higher speed coverage available to RJIL’s mobile subscribers. Our focus on innovation has been recognized by the industry. At the same time, this agreement will benefit the environment by avoiding the impact of building new towers that duplicate existing infrastructure”, said Sushil Kumar Chaturvedi, Director & CEO, Ascend Telecom Infrastructure Pvt. Ltd. |