MoneyWorks4Me

RCom pays Rs 5,383.84 crore as liberalization fee to DoT

20 Jan 2016 Evaluate

Reliance Communications (RCom) has paid an aggregate amount of Rs 5,383.84 crore as liberalization fee to Department of Telecommunications (DoT) in relation to spectrum in the 800/850 MHz band held by it in 16 telecom circles.

Reliance Communications is India’s foremost and truly integrated telecommunications service provider. The company, with a customer base of about 150 million, including over 2.5 million individual overseas retail customers, ranks among the Top 4 Telecom companies in the world by number of customers in a single country.


Peers
Company Name CMP
Bharti Airtel 1827.50
Vodafone Idea 14.23
Indus Towers 380.25
Tata Communications 1792.45
Railtel Corp. India 259.30
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