Reliance Jio buys airwaves worth Rs 10,077 crore in Spectrum Auction

NEW DELHI: Reliance Jio Infocomm Ltd (“RJIL”) said  that it has successfully acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 Service Areas in India in the recently concluded spectrum auction conducted by DOT, Government of India. Service Area wise details of spectrum acquired are as per below:

Enhancement of spectrum footprint

RJIL has renewed its expiring spectrum in 800 MHz band in Gujarat circle and purchased additional spectrum in the 800 MHz, 1800 MHz and 2300 MHz bands at 6.5% premium to reserve price.

Through this acquisition, RJIL’s total spectrum footprint has increased to 1,108 MHz(UL+DL) with an average life of over 16 years, further strengthening its leadership position in liberalized spectrum holdings. RJIL’s spectrum footprint ensures availability of spectrum in all the three bands across the country and enhances its network capacity at negligible incremental capital and operating expenditure.

 Mukesh D Ambani, Chairman, Reliance Industries Limited, said “We have expanded our spectrum footprint thereby significantly enhancing capacity of our all-IP data strong network and ensuring world class services for all Indians. Jio is committed to taking India to global digital leadership by bringing the power of data to all Indians.”