RCom pays ₹5,384 cr spectrum ease fee to govt

The move will pave the way for the telecom operator to trade and share its 800 MHz spectrum to Reliance Jio Infocomm (RJio).
The company will liberalize spectrum it holds in the 800 MHz band across 16 telecom circles.
The move comes after the government decided that operators which got spectrum under the earlier subscriber linked criteria would have to pay the market determined price if they wanted to offer services based on 3 G or higher technologies. On Monday, Anil Ambani had entered into agreements with Mukesh Ambani to sell spectrum across nine circles which also includes a string of infrastructure sharing agreements, also included sharing of spectrum across 17 circles in the country.
At present, RCom is awaiting DoT approval to liberalize 800 MHz spectrum across Rajasthan, Kerala, Karnataka and Tamil Nadu where no benchmark market price has been fixed.