MoneyWorks4Me

Reliance Communications informs about business updates

22 Apr 2016 Evaluate

With reference to the earlier letter dated January 18, 2016 informing sharing of spectrum in 800 MHz with Reliance Jio Infocomm (RJIL), Reliance Communications has now informed that Department of Telecommunications (DoT) has taken on record 800Mhz Spectrum Sharing in 7 circles of the Company and 2 circles of Reliance Telecom Limited (RTL), wholly owned subsidiary with RJIL on April 21, 2016. The Company and RTL are now able to share spectrum with RJIL in 9 circles viz. Mumbai, UP (E), MP, Bihar, Orrisa, Haryana, HP, Assam and North East.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharti Airtel 1833.00
Vodafone Idea 13.20
Indus Towers 385.00
Tata Communications 1660.15
Railtel Corp. India 254.45
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