RCom, Aircel to sign $300 Million deal
New Delhi: Telecom majors
Reliance Communications (RCom) and Aircel are on the verge of signing a
$300-million agreement for sharing telecom infrastructure like towers, sources
close to the deal said Monday."The deal will offer RCom a revenue upside of over
Rs.1,500 crore. It will cover end-to-end telecom infrastructure agreement for
towers, voice carriage and bulk bandwidth," said a person privy to the talks.
According to the agreement, the
sharing of infrastructure will be across circles where Aircel has rolled out its
telecom services and also includes new circles where the company expects to
launch services.RCom, India's second largest telecom operator with a subscriber
base of nearly 80 million, will execute this agreement through its tower
subsidiary Reliance Infratel in which it holds a 95 percent stake.
The deal will also give Aircel access to Reliance Infratel's nationwide tower
infrastructure comprising 50,000 sites and the extensive optic cable fibre
backbone of RCom's pan-India telecom network.The agreement follows last month's
deal signed between RCom and Etisalat DB, earlier known as Swan Telecom, worth
over Rs.10,000 crore.
Earlier this week, Reliance Infratel and S Tel signed an infrastructure
agreement for sharing telecom towers, transmission for BTS sites and fibre
backbone for intercity connectivity.Reliance Communications will execute the
agreement through its tower subsidiary Reliance Infratel. The pact covers six
circles - Orissa, Bihar, Himachal Pradesh, Northeast, Assam and Jammu and
Kashmir where the telecom operator plans to roll out its GSM services soon.
S Tel, a new telecom operator in the lndian marketplace, has acquired a Unified
Access Services License (UASL) and spectrum to operate in the six
circles.Reliance Infratel is also pursuing such deals with other telecom
operators. An RCom spokesperson declined to comment.