Reliance Jio Infocomm has signed an agreement with Bharti Airtel to rent capacity on the i2i submarine network that runs from India to Singapore, without disclosing the financial terms of the deal.
Reliance Jio (Mumbai, India) says the arrangement will allow it to connect directly with the world’s major business hubs and internet service providers, allowing it to provide ultra-fast services to its customers.
The network, which is wholly owned by Bharti Airtel (New Delhi, India), runs from Chennai in India to Tuas in Singapore and is capable of supporting multiple terabits of capacity on each of its eight fiber pairs.
The deal marks Reliance Jio’s continued efforts to rapidly grow and expand both its international and domestic network and infrastructure by building an ecosystem with multiple carriers and service providers,” said the operators in a statement.
Reliance Jio is owned by Indian billionaire Mukesh Ambani, whose brother Anil Ambani is the power behind the better-known Reliance Communications (Mumbai, India), one of India’s largest mobile operators.
The two brothers have been estranged for many years but earlier this month were reported to have come together on a network-sharing agreement that will see Reliance Jio pay a one-off fee of INR12 billion ($220 million) to use the fiber-optic network maintained by Reliance Communications.
Reliance Jio is preparing to launch 4G services and become a rival in the mobile broadband market to both Reliance Communications and Bharti Airtel.
But the company said it would build on its strategic collaboration with Bharti Airtel and “consider other mutual areas of cooperation and development”.