Reliance Jio is gearing up for its full commercial launch of its services across the country and is all set to rattle India’s data market by offering 4G data at lowest rates in the world. “Mission of Reliance Jio is to take India from data shortage to data abundance. Jio makes India the highest quality, lowest…
The cabinet has approved a combined auction of airwaves for 2G and 3G mobile services in February in what is expected to be a fiercely contested sale crucial for the business continuity of big players such as Vodafone, Idea Cellular and Reliance Communications.
The government is expected to raise at least Rs 80,000 crore through the spectrum sale, going a long way towards helping it meet its fiscal targets. Late on Monday, the cabinet cleared the sale of 99.2 MHz of spectrum in the 1800 MHz band in 15 circles and 177.8 MHz in the 900 MHz band in 17 service areas, for 2G services by GSM operators.
It also cleared auctioning of 103.75 MHz in the 800 MHz band in all 22 circles, which is also considered 2G frequency, but used by CDMA carriers. Additionally, the government will also sell 85 MHz of spectrum in the 2100 MHz band, used for 3G high-speed broadband services, after the telecom and defence ministries finally made a breakthrough in their eight-year old talks, with the latter agreeing to free up 5 MHz of the bandwidth for commercial use in 17 circles. Original post at ET Telecom