September 30, 2009 / 10:20 AM / 10 years ago

India's Tata Tele to use BSNL's mobile towers

NEW DELHI, Sept 30 (Reuters) - Tata Teleservices [TATASL.UL], India’s sixth-ranked mobile operator, said on Wednesday it has signed an agreement to share the mobile towers of state-run telecom Bharat Sanchar Nigam Ltd [BSNL.UL] for 15 years.

Financial terms were not disclosed.

Predominantly a CDMA operator, Tata Teleservices is expanding its GSM-based services and said the agreement to use BSNL’s towers in all of India’s 22 telecoms zones would speed up its network roll-out and save costs.

Japan’s NTT DoCoMo (9437.T) owns a 26 percent stake in Tata Teleservices. (Reporting by Devidutta Tripathy; Editing by John Mair)

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