MoneyWorks4Me

Reliance Industries’ arm acquires additional spectrum in 1800 MHz band in Bihar and West Bengal

27 Jun 2024 Evaluate

Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal, in the Spectrum Auction conducted by the Department of Telecommunications - Government of India.

With this acquisition, Jio has expanded its 1800 MHz band spectrum in two circles. Jio's spectrum footprint has increased to 26,801 MHz (uplink + downlink), solidifying its leadership position. Jio has already deployed the largest amount of spectrum pan-India on bandwidth efficient technologies like 4G and 5G, with this incremental spectrum acquired to address geography-specific demand and ensure the highest quality customer experience on its network.

Jio is the only operator in India to have access in low-band, mid-band and high-band (700 MHz, 3300 MHz and 26GHz) spectrum which gives it the unique advantage to provide a superlative experience to customers on 5G.  

Reliance Industries is India’s largest private sector company. The company’s activities span hydrocarbon exploration and production, petroleum refining and marketing, petrochemicals, retail and 4G digital services.


Peers
Company Name CMP
Reliance Industries 1166.00
Indian Oil Corpn. 132.00
Bharat PetroleumCorp 301.00
HPCL 346.00
MRPL 164.70
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