Jio and RCOM team up, ready for Jio 4G launch next fiscal year

7 Jun 2013

Reliance Jio Infocomm, the telecoms arm of Reliance Industries Ltd (RIL), plans to launch 4G services next financial year, Business Standard writes, quoting a senior executive as saying: ‘We are still in the process of finalising a lot of things and do not expect to launch it commercially this financial year.’ The company, which holds pan-India spectrum for mobile broadband, had previously intended to make its services available to the public in the current financial year, which ends 31 March 2014. In related news, the nascent operator revealed that it had signed a second infrastructure sharing deal with Reliance Communications (RCOM), valued at INR120 billion (USD2.11 billion) over the course of the agreement’s 15-year lifespan. Under the terms of the deal, Jio will lease access to 45,000 of RCOM’s towers to accelerate its 4G rollout.

The agreement follows on the heels of a similar pact signed between the two companies in April. As previously reported by CommsUpdate, the two inked a 15-year, INR12 billion deal whereby Jio Infocomm will utilise RCOM’s 120,000km fibre-optic network to provide the backbone for its 4G network. RCOM will also gain reciprocal access to fibre-optic infrastructure installed by Jio Infocomm.