RCom in talks with RJio for trading, sharing of spectrum

NEW DELHI: ADAG group chairman Anil Ambani today said his group firm RCom is tying up trading and sharing of spectrum with Mukesh Ambaniled Reliance Jio including for the muchawaited 4G services which he said would be launched by his telecom company by the yearend

Updated At : 05:42 AM Oct 01, 2015 IST

Chairman of Reliance Anil Dhirubhai Ambani Group, Anil Ambani along with his wife Tina Ambani arrives at the annual general meeting of the group in Mumbai on Wednesday. PTI

Tribune News Service

New Delhi, September 30

ADAG group chairman Anil Ambani today said his group firm RCom is tying up ‘trading and sharing’ of spectrum with Mukesh Ambani-led Reliance Jio, including for the much-awaited 4G services, which he said, would be launched by his telecom company by the year-end.

Addressing shareholders at the Annual General Meeting, Reliance Communications chairman said the company was also in discussions with Sistema Shyam TeleServices Ltd (SSTL), which provides telecom services under ‘MTS’ brand, to merge the latter’s Indian operations with itself. RCom is expected to launch the 4G services later this year with the initial services launch in Punjab.

He said RCom’s talks with SSTL were at an “advanced stage” and the companies expect to sign and announce the transaction within the next month or two.

RCom in talks with RJio for trading, sharing of spectrum

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