BSNL plans to share 24k towers with RIL

BSNL plans to share 24k towers with RIL - THE FINACIAL EXPRESS  Report

"BSNL is in advanced stages of negotiations with RIL for sharing around 24,000 of its towers. RIL’s Infotel Broadband is expected to launch its 4G services (broadband wireless access or BWA) by the end of this year and needs towers for the same. The deal with BSNL would signal its first major step towards the impending launch.

Sources said BSNL is offering around 22% discount over the prevailing market rentals for towers. The market rentals are in the range of R15,000-18,000 per month whereas it is offering its towers to RIL for around Rs 12,000 per month. Compared with the rentals charged by the PSU from other operators using its towers, the discount for RIL could be around 50%. "


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