Reliance Jio May Buy RCom’s Spectrum in Seven Key Markets to Bolster 850MHz Holdings: Report
Reliance Jio, the Mukesh Ambani-led 4G entrant, would look at buying RCom's 4G spectrum in the 850 MHz band in seven key markets, which the latter has recently received after the successful merger with Sistema Shyam Teleservices (SSTL). However, Jio could only buy these airwaves if the Indian government gives approval to the Trai's recent recommendation for easing spectrum caps. RCom and Jio had earlier signed spectrum trading and sharing... Read More
