Reliance Jio seeks approval from CCI for spectrum sharing with RCom

As per CCI website, the deal is under review

Reliance Jio seeks approval from CCI for spectrum sharing with RCom
Press Trust of India New Delhi
Last Updated : Jun 20 2017 | 9:12 PM IST
Mukesh Ambani-led Reliance Jio Infocomm has sought CCI approval for the proposed spectrum sharing deal with younger sibling's Reliance Communications.

The company is awaiting approval from the Competition Commission of India (CCI) for agreements entered into with Reliance Communications (RCom) and its subsidiary Reliance Telecom Ltd (RTL). These pacts are for using 800 MHz spectrum.

Reliance Jio is the latest entrant in the highly competitive domestic telecom market and launched its services in September last year.

Also Read

The company had entered into a pact with RCom for the acquisition of right to use certain spectrum in the 800 MHz band.

Besides, it had inked agreements with RCom as well as RTL providing with the option related to use of spectrum in the 800 MHz band.

All the three agreements were entered into between the parties concerned in January 2016.

The agreements were "pursuant to the guidelines for trading of access spectrum by access service providers" issued by the Department of Telecommunications on October 12, 2015, as per the notice submitted to the CCI.

According to the notice, Reliance Jio was testing its network for providing mobile telephone services, high definition voice, video, data and messaging, in India as on the date of entering into the agreements.

As per CCI website, the deal is under review.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 20 2017 | 9:12 PM IST

Next Story