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RCOM to Sign Spectrum Trading Pact with Jio for 850MHz Airwaves

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RCOM to sign a spectrum sharing pact with Reliance Jio to trade its airwaves in 850MHz band and offer 4G services in 12 circles. Besides, the two companies will share spectrum in all 22 circles, post the trading deal, which will make the combination of Jio and RCOM the only operators offering 4G LTE on 850 MHZ band nationwide.

The Telecom Department had raised a demand of INR 69 billion for RCOM for liberalization of the spectrum in 16 circles, on payment of INR 53.8 billion and submitting a bank guarantee for remaining amount the company will be allowed to share and trade the bandwidth. Read more

 

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Sweekar S

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Website: http://blog.tonsetelecom.com/

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