Reliance Industries’ telecom arm Reliance Jio Infocomm has received a unified telecom licence in order to enable it to supply voice telephony and high speed knowledge services and products throughout the united states.
The division of Telecommunications Monday licensed supply of unified license to Reliance Jio, the only telecom operator to own nationwise fourth era spectrum or radio waves, sources mentioned.
The unified licence will allow the firm to supply each voice and excessive-velocity information services to subscribers across all the 22 telecom circles within the us of a.
Reliance Jio has submitted a one-time entry fee of about Rs. 1,673 crore for the licence.
MTS India, the mobile telecom provider model of Sistema Shyam TeleServices Ltd (SSTL), and thought had prior to now got unified telecom licence.
Top operators Airtel and Vodafone have on the other hand no longer utilized.
Sources said Reliance Jio applied for Unified Licences on August 21 and mentioned its net price at Rs. 5,033.32 crore.
Below the unified license, the Mukesh Ambani-led Reliance Jio shall be allowed to offer products and services as full fledged mobile operator.
RIL had ultimate week mentioned that Reliance Jio, which is the one non-public player with Broadband wireless access spectrum in the entire 22 telecom circles of India, plans to provide reliable quick internet connectivity and rich digital services.
The new telecom licence will pave approach for Mukesh Ambani’s second innings in the cell telephony space after his first stint at Reliance Infocomm which is now referred to as Reliance Communications.
It was once given away to his youthful brother Anil Ambani led firm after the 2 cut up just a few years in the past.
In 2003, Reliance Infocomm had flooded market with a low cost CDMA handsets bundled with a scheme that allowed customers to make cell phone calls at low fee of 10 paise for 15 seconds and STD requires forty paise a minute. the prevailing rate of STD calls at that time had ranged between Rs. 2.40 to Rs. 5.40 a minute.
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RJIL is the only company that holds pan-India spectrum for 4G services and products. the company earlier held internet service provider Licence so that it will be annulled as soon as it is issued UL.
The company has proven intention to supply phone name service using airwaves it has and is testing the technology for the same.