Monday, 18 January 2016

Ambani brothers sign trading, spectrum-sharing pacts



Ahead of the commercial launch of Reliance Jio (RJio) services in April, the Ambani brothers on Monday inked the spectrum trading and sharing agreements for 800-850 MHz spectrum, which will give RJio an edge over the competition.

The deal assumes importance as it will give RJio a pan-India 4G network on 800-850 MHz frequency along with 2,300 MHz it already owns. The lower frequency offers better indoor coverage and provides seamless voice services through Voice over LTE (VoLTE). RJio has already soft-launched its 4G services.

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