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RIL’s telecoms unit applies for new permit: Report

23 Aug 2013 Evaluate

Reliance Industries (RIL) - telecommunications unit - Reliance Jio Infocomm has reportedly applied to the government for a new telecommunications permit, which will enable the 4G airwave holder to offer voice services.

Reliance Jio Infocomm, which holds 4G radio airwaves for all of India, would have to pay about Rs 1,600 crore for the new Unified Licence, which allows carriers to offer all services under a single permit. Reliance Jio Infocomm, which is yet to launch commercial services, had been widely expected to apply for the new licence.

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Company Name CMP
Reliance Industries 1196.75
Indian Oil Corpn. 129.60
Bharat PetroleumCorp 287.15
HPCL 338.55
MRPL 178.20
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