Reliance Jio And Rcom Sign Rs 12000 Crore Deal To Start 4G services In India

It is known to all that 4G or LTE is the future of Internet. But what exactly is 4G? In case you are not already aware, it is the fourth generation of mobile phone mobile communication technology standards. If you thought 3G was fast wait till you get your hands on the ultra-fast broadband speeds of 4G. It is said that 4G or LTE (Long Term Evolution) can support downloads at 300 Megabits per second (Mbps) or more. Now thats fast!

Reliance Jio And Rcom Sign Rs 12000 Crore Deal To Start 4G services

Now that you know what 4G is, here is some news that might interest you. Reliance Jio Infocomm has signed a Rs. 12,000 crore contract with Reliance Communications to roll out 4G services in India. The deal will let Reliance Jio Infocomm utilize up to 45,000 mobile-based towers across RCOM's nationwide network.

"Under the terms of the agreement, Reliance Jio Infocomm will utilise up to 45,000 ground and rooftop based towers across RCom's nationwide network for accelerated roll-out of its state-of-the-art 4G services," the two groups said in separate but identical statements.

In case you aren't aware Reliance Jio Infocomm is owned by Mukesh Ambani and R-com is owned by Anil Ambani. The new agreement is the biggest deal signed between the two brothers till date.

Reliance Jio Infocomm was the only company in 2010 to win a pan-India spectrum for 4G services. However, it has not started it's commercial services yet.

"Joint working arrangements to configure the scope of additional towers to be built at new locations to ensure deep penetration and seamless delivery of next generation services," said the two companies in a statement.

There is no information on when Reliance Jio Infocomm, will make 4G services commercially available.

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