Wednesday 20 July 2016

RIL to increase Jio investment to Rs.150 Bn

RIL Chairman Mukesh Ambani said, “At Reliance Jio, we have built an entire ecosystem that will allow Indians to live the digital life to the fullest. This transformational ecosystem consists of broadband connectivity, devices and powerful applications and services which will be available to every consumer in India.”

Reliance JioReliance Industries Ltd (RIL) will invest an additional Rs.150 Billion in Reliance Jio Infocomm to expand its wireless network.

RIL Chairman Mukesh Ambani said, “At Reliance Jio, we have built an entire ecosystem that will allow Indians to live the digital life to the fullest. This transformational ecosystem consists of broadband connectivity, devices and powerful applications and services which will be available to every consumer in India.”

RJIL is the first telecom operator to hold a pan India Unified License. It has total liberalised spectrum holdings of 846.10 MHz, including 440.0 MHz in the 2300 MHz band (one block of 20 MHz in all 22 circles), 213.60 MHz in the 1800 MHz band (blocks ranging from 2x3 MHz to 2x10 MHz in 18 circles) and 192.50 MHz in the 800 MHz band (blocks ranging from 2x2.5 MHz to 2x5 MHz in all 22 circles, including spectrum acquired from Reliance Communications Limited (“RCOM”) across 13 circles).

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