Reliance Industries Ltd.

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Large Cap | Refineries
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Reliance Industries’ telecom arm bags unified telecom licence for 4G services

Date: 23-10-2013

Reliance Industries’ telecom arm Reliance Jio Infocomm has bagged a unified telecom licence for 4G services. The unified licence will facilitate the company to offer both voice and high-speed data services to subscribers across all the 22 telecom circles in the country. The company has submitted a one-time entry fee of about Rs 1,673 crore for the licence.

Recently, the company received licence to facilitate internet and voice roaming services in Singapore. The licence will facilitate Reliance Jio Infocomm to buy, operate and sell undersea and/or terrestrial fibre connectivity.

Reliance Jio is the only telecom operator to own nationwide fourth generation spectrum or radio waves.