The aggregate value is at over Rs.12,000 crore (more that $2 billion) during the lifetime of the deal, the companies said.

"Under the terms of the agreement, Reliance Jio Infocomm will utilise up to 45,000 ground and rooftop-based towers across Reliance Communication's nationwide network for accelerated roll-out of its state-of-the-art 4G services," a company statement said.