The agreement between telecom firms of Ambani brothers will help RIL launch 4G services by December, and the deal may be extended to spectrum sharing once new licence norms are finalised, investment banking major Goldman Sachs has said.
Billionaire Ambani brothers this week struck a Rs. 1,200 crore deal wherein Mukesh will use his younger sibling Anil's optic fibre network for launch of his telecom venture.
"RCom (Reliance Communications) will benefit in the coming months from new growth opportunities from RIL's telco business as it comes closer to launching its 4G services," Goldman Sachs said in a report.
"Apart from the already announced inter-city fibre sharing agreement, we see the possibility of agreements on towers, more fibre and spectrum leasing/sharing going forward," it added.
The government has in-principle approved spectrum sharing under new Unified Licences, and details for that are being worked out by the Department of Telecom.
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