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Mukesh begins talks with Anil on tele-infra sharing
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Quote:Right after it returned to the telecom sector by acquiring Infotel Broadband, Mukesh Ambani’s Reliance Industries (RIL) began discussions with brother Anil Ambani’s mobile service provider, Reliance Communications (RCom), for a possible sharing of infrastructure.

The agreement would try to cover the sharing of towers and optic fibre network for 10-15 years, people close to the development said. Reliance Infratel, a subsidiary of RCom, has about 50,000 towers across the country.

The tie-up with RCom, the second largest telecom company, would enable RIL to reduce the roll-out time for its network, beside saving cost. The agreement, sources say, is likely to be finalised in the next one to two months

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