Reliance Jio signs pact with Bharti for cable network
Posted on: 11:47 AM IST Apr 23, 2013
New Delhi: Reliance Industries' telecommunications arm will use Bharti Airtel's submarine cable network to provide data connectivity across Asia Pacific, the two Indian companies said on Tuesday.
The i2i cable network connects India to Singapore and is wholly owned by Bharti, India's top mobile phone carrier. Bharti and Reliance Jio Infocomm Ltd, unit of Mukesh Ambani-controlled Reliance Industries, will continue to build on this "strategic framework" and consider other mutual areas of cooperation and development, they said.
Earlier in April, Reliance Jio signed a deal worth Rs 12 billion to share Reliance Communications Ltd's fibre optic network to roll out its 4G services.