Anil Ambani's flagship company Reliance Communications (RCOM) is negotiating a network sharing deal with elder brother Mukesh's Reliance Industries that is slated to launch fourth generation (4G) services or high-end data services on mobiles this year.
While talks between both sides are at a preliminary stage, Reliance Industries is playing hard to amid internal debates on how and when to launch services.
The negotiations are largely over pricing with RIL striking a hard bargain, two executives aware of the development said.
If a deal eventually happens, it is likely to involve RIL leasing capacity on 30,000 out of the 48,000 towers held by Reliance Infratel, the infrastructure arm of Reliance Communications. But any such deal may be at a heavily discounted rate, they said.
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