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May 8th, 2015 10:36 PM 6 COMMENTS

New DoT licence regime favors Reliance Jio claims CAG, Rjio says they are practicing transparent business

The new licensing regime issued by the Department of Telecom to provide voice calling facility expedites Reliance Jio Infocomm with an unfair advantage of Rs 3,367.29 crore. The auctions turned positive for Reliance Jio Infocomm Limited (formerly Infotel), a Mukesh-Ambani-led Reliance Industries Ltd. portfolio company winning them the pan-India wireless access spectrum, which can now be extended for 4G services as well. As per a report submitted by the official auditor,... Read More

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