Bharti Infratel jumps on tower sharing pact
Mar 05 2014 , Mumbai
"Reliance Jio can hire nearly 5,000 towers from Bharti Infratel in FY15 which means a rental income of around 2 billion rupees for the company," an analysts tracking the sector said.
Reliance Industries and Bharti Airtel Ltd in December 2013 had agreed to share network infrastructure.
Bharti Infratel is the tower unit of Bharti Airtel.