Bharti Infratel keen on tower biz with Reliance

Excerpts from India Business Hour on CNBC-TV18 Watch the full show »

Bharti Infratel , the tower arm of Bharti Airtel , said that it will reach out to Reliance Industries (RIL)  to lease out its towers, reports CNBC-TV18.

Also Read: RIL and others tie up to construct BBG cable system

Last week, energy-focused RIL took a step closer to launching 4G telecom services as Reliance Jio Infocomm signed a deal to lease undersea cable capacity from Bharti Airtel.

Also Read: Rel Comm, Aircel in roaming pact to improve GSM coverage

However, the two companies have not signed a contract to lease towers. Akhil Gupta, vice-chairman and MD, Bharti Infratel says, "We would definitely enter into discussions with them. We would like to do conduct business with them. As we are concerned they are very credible customers and so we would definitely be in touch with them."

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