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India's Reliance sells off cellular towers

John Ribeiro | June 28, 2010
India's second largest mobile operator has been looking at various options to reduce debt

Earlier this year, mobile operator Aircel sold off its towers to GTL. Bharti Group, Vodafone, and Aditya Birla Telecom set up a mobile infrastructure services joint venture in 2007.

Owning towers and other passive infrastructure does not help mobile operators to differentiate any more, Bhatia said. By staying out, or getting out of the tower business, mobile operators want to free up capital to focus on their expansion, and add new differentiated services around 3G, he added.

 

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