NEW DELHI, Jan 24 (Reuters) - Indian mobile phone carrier
Reliance Communications Ltd's telecommunications tower
arm is in "advanced" stages of discussions with three carriers
for "a large" infrastructure sharing deal, a senior company
executive told analysts on a conference call.
Gurdeep Singh, chief executive of Reliance Communications'
wireless business, did not give any further detail.
Singh said it was "premature" to comment on contours of any
potential deal, when asked if the company was open to lease out
its towers to Reliance Industries Ltd at a discount to
Reliance Industries, controlled by India's richest man
Mukesh Ambani, holds 4G permits for all of India, and has long
been expected to take Reliance Communications towers on rent to
roll out high-speed Internet services.
(Reporting by Devidutta Tripathy, editing by Anurag Kotoky)