Tower infrastructure company Indus Towers signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL), for setting up a mobile tower network across all 26,000 outlets pan-India, a company statement said here on Wednesday.
"Indus Towers' unique proposition of building robust infrastructure at various IOCL retail outlets will enable a greater push towards the government's Digital India mission and move towards a digital cashless economy," the statement said.
"We are very pleased to join hands with IOCL as we strongly believe this partnership will help in setting up Mobile Towers at critical locations and creating of a robust and efficient NextGen digital services network, contributing towards Digital India," said Tejinder Kalra, COO, Indus Towers.
"The collaboration is a unique tower site acquisition process for the company and will boost network connectivity at all retail outlets with high traffic and footfall, enabling faster digital transactions for payments for services like fuel, transactions at convenience store," the statement added.
--IANS
ag/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
