Reliance Industries Limited Wrote to DoT Seeking Extention of Broadband Spectrum Tenure

Feb 20, 2012, 13:11 IST

Corporate Current Affairs 2012. Mukesh Ambani  led Reliance Industries Limited on 17 February 2012 urged the Department of Telecom to give extension to tenure of its broadband spectrum

Mukesh Ambani  led Reliance Industries Limited on 17 February 2012 requested to the Department of Telecom to give extension to tenure of its broadband spectrum. The company in a letter written to the Department of Telecom asked for an extended tenure so that it could have a level playing field with Qualcomm.

Reliance Industries Limited had bought the spectrum through an auction in 2010 for a period of 20 years. Qualcomm had won the airwaves during the auction held in 2010 but it has not been given the spectrum as yet given some issues with its application.

RIL in a letter written to the Department of Telecom maintained that the delay in awarding the spectrum will benefit Qualcomm as it will enable the US company to offer its services for a longer period of time. RIL pointed that while its spectrum will be due for renewal in 2030, Qualcomm will be able to offer services beyond that since it is yet to get its licences.

 

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