The company has similar pact with Bharti Infratel.
Officials of Reliance Jio Infocomm claimed to have achieved broadband speeds on their networks that are 10-12 times faster than 3G services.
It is believed that apart from Bharti Airtel and Bharti Infratel, there are four players that have made a bid.
The Jio-Bharti battle will not just be limited to mobile telephony but will extend to the fibre to home space too.
This recognition is a testimony of India's strong belief in promoting entrepreneurship
The three companies for sale are Reliance Communications, Reliance Telecom and Reliance Infratel.
American Tower bulks up in India with $1.2 billion Viom stake buy
Banking and telecom will see the highest impact of this transition.
Telecom tower companies likely to invest around Rs 500 crore (Rs 50 billion) to enhance network.
As debt piles up, Anil Ambani's ability to see the asset sale plan through will be crucial
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
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