-5.00 (-0.37%) Reliance Industries’ (RIL) telecom arm -- Reliance Jio Infocomm (Jio) has paid Rs 1,053 crore to Department of Telecommunications (DoT) towards its deferred spectrum dues. Deferred spectrum dues are essentially instalment payments that are made by telcos for airwaves bought in past auctions and are separate from their AGR liabilities.
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.