Markets: Eerie calm

Markets: Eerie calm

it is not clear when market sentiment can change; as in the past, it can be quite sudden.
At a turn and yet not

At a turn and yet not

RBI could be tempted to cut policy rate to support growth at its bi-monthly review.

Reliance Jio to use Viom Networks' towers to roll out services

Mar 17 2014, 19:34 IST
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Reliance Jio holds a pan-India unified licence and is currently building a network to offer next generation high-speed data services. Reuters Reliance Jio holds a pan-India unified licence and is currently building a network to offer next generation high-speed data services. Reuters
SummaryReliance Jio Infocomm, the telecom arm of Reliance Industries, will use Viom Networks' tower infrastructure to roll out services across the country.

Reliance Jio Infocomm, the telecom arm of Reliance Industries, will use Viom Networks' tower infrastructure to roll out services across the country.

The Mukesh-Ambani led firm would use Viom Networks' over 42,000 telecom towers to provide services, Reliance Jio said in a statement today.

"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.

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