State-owned telco BSNL is in discussions with several operators, including Bharti Airtel, Vodafone, Idea and Rcom, about potential tower-sharing agreements, according to local reports.
The company, which already has agreements in place with Tata…
State-owned telco BSNL is in discussions with several operators, including Bharti Airtel, Vodafone, Idea and Rcom, about potential tower-sharing agreements, according to local reports.
The company, which already has agreements in place with Tata Teleservices and Aircel, is reportedly looking to limit potential losses in the face of growing competition.
In March, it was reported that BSNL was looking to start discussions with potential investors about its telecom tower business. The company, which owns about 45,000 towers in India, reportedly received some suggestions from Viom Networks about its options.
Arun Kapur, Viom’s CEO, was quoted saying that BSNL could either sell its towers or share them with other operators. In the event that BSNL decides to keep the towers, Viom suggested managing tower-sharing arrangements on BSNL’s behalf, according to reports.
In recent months, several telecom tower companies, including Idea, Rcom and GTL, have been considering various options to raise much needed financing aimed at cutting or repaying existing debt.
BSNL could not be reached for comment before the press deadline.
