Reliance Jio Infocomm, the telecom arm of Reliance Industries, will use Viom Networks’ tower infrastructure to roll out services across the country. Also Read - Facebook invests Rs 43,574 crore in Reliance Jio; buys a 9.99 percent stake
The Mukesh-Ambani led firm would use Viom Networks’ over 42,000 telecom towers to provide services, Reliance Jio said in a statement today. Also Read - Reliance Industries to buy majority stake in Den Networks, Hathway Cable; reports increase in Q2 net profit
“This agreement is in line with our mission of a pan India launch spanning next-generation voice and data services and leveraging existing telecom infrastructure,” said Reliance Jio managing director Sanjay Mashruwala.
“We look forward to partnering with Viom Networks for rolling out services across the country,” he added.
Commenting on the development, Viom Networks CEO Syed Safawi, said, “We are delighted to partner with Reliance Jio and offer our countrywide network infrastructure. Our consistent delivery of high network up time, on-time reliable project delivery capability, and optimal operation and a maintenance cost offer a great value package.”
Reliance Jio holds a pan-India unified licence and is currently building a network to offer next generation high-speed data services.