MUMBAI: Anil Dhirubhai Ambani Group company Reliance Communications has bagged a 10-year deal valued at Rs 100 billion (Rs 10,000 crore) from UAE-based Etisalat’s Indian telecom arm to manage the latter’s telecom infrastructure.
Under the long-term passive infrastructure sharing agreement, Etisalat DB will outsource their telecom infrastructure requirements for the 15 telecom circles.
This would encompass end-to-end tower and transmission infrastructure to Reliance Infratel Ltd and Reliance Communications, respectively. The deal would accelerate Etisalat DB Telecom’s forthcoming roll-out of telecom services in India.
Etisalat chairman Mohammad Hassan Omran said, "As a new entrant in this dynamic market, this alliance provides us with key, strategic advantages that will ensure a robust, speed to market and cost-effective roll-out of services."
ADA Group chairman Anil Ambani said, "This win-win agreement demonstrates Reliance Communications capabilities to enable the operators to go-to-market with a bouquet of telecom infrastructure services. This will ensure a faster rollout, optimum costs and a time to market advantage."This agreement presents large cost optimization benefits with improvement in capital productivity and enhances RCom group revenues by Rs 10,000 crore.
Etisalat DB and its subsidiary has Unified Services Access Licence in 15 circles including Andhra Pradesh, Delhi, Gujarat, Haryana, Karnataka, Kerala, Maharashtra, Mumbai, Punjab, Rajasthan, Tamil Nadu (including Chennai), Uttar Pradesh (East), Uttar Pradesh (West), Madhya Pradesh and Bihar.
