Reliance, Etisalat Share Towers

MUMBAI and ABU DHABI -- Etisalat DB & Reliance Communications, in a significant move today announced a long term passive infrastructure sharing agreement which will accelerate Etisalat DB Telecom's forthcoming roll-out of telecom services in India. Under the terms of the agreements, Etisalat DB and its subsidiary would outsource their Telecom infrastructure requirements for the 15 telecom circles, encompassing end-to-end tower and transmission infrastructure to Reliance Infratel Limited and Reliance Communications Limited, respectively.

Commenting on the strategic alliance, Mr. Mohammad Hassan Omran, Chairman Etisalat, said, "This significant development is part of our overall commitment to provide consumers with quality service and reach at the time of launch. As a new entrant in this dynamic market, this alliance provides us with key, strategic advantages that will ensure a robust, speedy and cost-effective roll-out of services. We are pleased to partner with Reliance Communications and Reliance Infratel, which have an extensive capability as an integrated service provider across the telecom infrastructure value chain. Strategic alliances are an integral part of our plans for growth and Etisalat GroupEtisalat Group will always be receptive to such alliances which help to enhance the customer experience."

Etisalat

Reliance Communications Ltd.