Reliance Jio, RCOM Sign Master Services Agreement For Sharing of RCOM'S City Fiber Infrastructure

Online, April 11, 2014 (Newswire.com) - Reliance Jio Infocomm Ltd. and Reliance Communications Ltd. today announced the signing of a Master Services Agreement for sharing of RCOM's extensive intra-city optic fiber infrastructure.

Under the terms of the agreement, Reliance Jio Infocomm will utilize RCOM's nationwide intra-city fiber network for accelerated roll-out of its state-of-the-art 4G services across the country.

The agreement is based on arm's length pricing at prevailing market prices.

RCOM's intra-city optic fiber network extends to nearly 500,000 fiber pair kilometres, across the top more than 300 cities and towns in India.

This 3RD agreement further strengthens the comprehensive framework of business co-operation between Reliance Jio Infocomm and Reliance Communications, following the inter-city optic fiber sharing agreement signed in April 2013, and the nationwide telecom towers infrastructure sharing agreement signed in August 2013.

About Reliance Communications Limited:

Reliance Communications Limited founded by late Shri Dhirubhai H Ambani (1932-2002) is the flagship company of the Reliance Group. RCOM is amongst India's foremost and truly integrated telecommunications service providers. The Company has a customer base of over 120 million, including over 2.5 million individual overseas retail customers, and a corporate clientele including 35,000 Indian and multinational corporations, and over 800 global, regional and domestic carriers.

RCOM has established a pan-India, next generation, integrated ,convergent (voice, data and video) digital network capable of supporting best-of-class services spanning the entire communications value chain, and covering over 24,000 towns and 600,000 villages in India, and operations in the US, Europe, the Middle East and the Asia Pacific.