Etisalat, Reliance unveil Dh8b deal

Etisalat, one of the Middle East's largest telecom operators, on Wednesday announced a $2.2 billion (Dh8.07 billion) infrastructure share agreement with India's Reliance Communications.

The 10-year deal is part of etisalat DB's (a joint venture between etisalat and Dynamix Balwas) roll-out of telecom services across 15 circles in India that cover a population of over 900 million.

The operator will outsource its nationwide infrastructure needs for tower and transmission to Reliance Infratel Limited and Reliance Communications Limited.