Ambani calls on Mittal for ‘partnership' in 4G services
Mohali: Reliance Industries Chairman Mukesh Ambani Monday said his company is open to joining hands with Bharti Airtel for improving telecom network for 4G services in Punjab.
The two companies also announced their separate plans of investing a total of Rs 6,500 crore on digital infrastructure for 4G telecom services in the state.
"Punjabis are the brand ambassadors of India. We are present in Punjab in manufacturing, retail. We are also rolling out our first digital infrastructure for 4G in the state with an investment of about Rs 2,500 crore," Ambani said at the Progressive Punjab Summit here.
"For further enhancing the digital experience, we can have a collaborative partnership with our friend Mr Mittal," Ambani said.
Sunil Bharti Mittal is the Chairman of Bharti Airtel.
Meanwhile, Bharti Airtel signed an initial agreement with the Punjab government committing an investment of Rs 4,000 crore towards building digital infrastructure for 4G services.
Aitel has already rolled out 4G services in select cities, including in Chandigarh and Mohali.
Reliance Jio Infocomm is the only company which has pan-India airwaves that can be used for 4G services very high speed wireless broadband services).
This is second time Ambani is extending a friendly hand towards Mittal. In April, their companies joined hands to share capacity of a submarine cable.
Last week, Minister of State for Communication and IT Milind Deora sharing a dais with Prime Minister Manmohan Singh appealed to the telecom industry to sort out differences among them for development of the sector.
"We are working towards making Punjab a digital technology hub in the near future. We also have large retail presence in the state and also as part of our CSR (corporate social responsibility) initiative our Bharti Foundation is working in 80 villages educating close to 13,000 children," Sunil Bharti Mittal said.
Ambani also asked the state government to provide more opportunities for start-ups in Punjab.
"Punjab should become a leader in digital revolution. We are looking forward to a partnership in providing free connectivity, schools, hospitals etc. Also, looking at further expanding the connectivity to add other states, give more opportunities to young entrepreneurs," he added.
"We want to focus on sports in the state through Reliance Foundation. We want to further our partnership with Punjab for sports facilities on a not-for-profit basis," Ambani added.
Biocon India Chairman and Managing Director Kiran Majumdar Shaw also requested the state to look at encouraging start-ups.
She said: "We are looking at investing in the state. We want Punjab to promote start-ups so that it takes least amount of time to start a business here."