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R-ADAG to launch first telecom tower exchange
Surajeet Das Gupta / New Delhi August 13, 2007
The Reliance Anil Dhirubhai Ambani group is setting up TowerX, a tower tenancy exchange platform, through which mobile operators, tower owners and owners who want to rent out space for towers can transact business and book tower capacity online.
 
This first-of-its-kind exchange is designed to help mobile operators save time on their roll-out plans, share infrastructure more efficiently and simplify the complex information on surplus capacity available on mobile towers that can be offered on rent.
 
Designed on the lines of a commodity exchange, the project is being implemented by Reliance Telecom Infrastructure Ltd, the company recently set up by spinning off Reliance Communications’ (RCom’s) tower business. Reliance Telecom Infrastructure already has over 14,000 telecom towers and plans to add 23,000 more this fiscal.
 
RCom is an anchor tenant for these towers but Reliance Telecom Infrastructure towers have space to host four more operators or tenants on each tower. By the end of this fiscal, the company will have over 100,000 tenancy slots on offer. Details of the geographical location, tower height, terrain and the rental demanded (fixed or variable) for all the towers will be available on the online platform.
 
Mobile operators will be able to log on and check the tower space available on rent and book space through an online payment gateway. Operators with a temporary requirement for tower capacity (due to sudden congestion in an area) can also book spare capacity and pay on a per-user basis. They can also give details of their projected requirement of towers in various areas online.
 
The tower tenancy exchange platform will also allow tower companies to offer tenancy slots for towers being built for advance booking.
 
The platform will rope in other competing tower companies being set up by operators (like Essar, Bharti and the Tatas) and independent infrastructure operators (like American Tower Company) who can register and use the platform to showcase details of their tower capacity on rent.
 
The exchange is also expected to see the emergence of tower site aggregators who can block tower sites from various tower companies at a negotiated price and then put them on the market for rentals.
 
Similarly, individuals who want to rent out space to companies to build towers (on top of their houses, for instance) can register and give details of their offer.
 
The exchange is being built with a capacity to handle over 2 million unique transactions a year and is expected to undertake over 500,000 transactions in the first year.

 
 
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   Discussion Board / User Comments    
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ADI November 06 , 2009 ,11:42 IST
SITE FOR TOWER AVAILABLE .IN DEFENCECOLONY DELHI, 2. BHADURGARH INDUSTRIAL AREA SECTOR 16 HARYANA CALL 9810354822
Reply
Vinay November 03 , 2009 ,20:05 IST
I would like to give my land on rental for any companys tower installation. Located in Etawah (Near Highway), UTTAR PRADESH. My mobile no. 09892236493 (PIN-206001)(This ad is relevant for - Agra I would like give my land for rental Commercial - Agra, India)
Reply
padmaja October 27 , 2009 ,16:51 IST
please contact me as Iam interested to rent out space above my bunglow situated at shankar nagar,gangapur road nasik.phones-9420900698;9822599698;9371540380.
Reply
Jaideep October 13 , 2009 ,00:21 IST
Dear sir my building teris is free space welcome any mobile company tower installation in my building my email id jcoolguy55@rediffmail.com - my mobile 9466585249 AMBALA CANTT(HARYANA) sutiauted near National Highway 1.
Reply
Rajkumar August 04 , 2009 ,10:28 IST
Dear Sir, Please contact if you required space in ludhiana for installing mobile tower. 09988016174 , 09023024004
Reply
rahul June 15 , 2009 ,16:04 IST
Dear Sir- I have a newly built house in haryana . I want to give on lease either open ground or Roof top for construction of Communications tower tel:-9466392676
Reply
okmurthy2003 August 21 , 2007 ,07:30 IST
Dear Sir- I have a newly built house in Tenali. I want to give on lease either open ground or Roof top for construction of Communications tower
Reply
ssk August 13 , 2007 ,12:21 IST
Telecom is truly turning out to be the show-case sector for the country & With this R-ADAG becomes a true "market-maker". Keep the good work going guys.
Reply
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