new Delhi. Reliance Jio's four-year-old telecom spectrum partnership deal with Reliance Communications (RCom) is not linked to RCom's previous statutory liabilities dating back to 2016, when Jio was not even operational. A source close to the company gave this information.
A bench of the Supreme Court on Friday sought to know why Reliance Jio Infocomm Limited (RJIL) should not pay the arrears of Adjusted Gross Revenue (AGR) of Reliance Communications, as it has been using spectrum since 2016. . A source said that RJIL had entered into an agreement in April 2016 to share a portion of the spectrum of RCom and its entity Reliance Telecom Ltd, on the condition of anonymity as the matter was in court.
He stated that the shared spectrum was limited to the 800 MHz band and was in line with the spectrum sharing guidelines of the Department of Telecommunications (DOT). The 2G, 3G and 4G spectrum of the 1,800 MHz band of RCom was not shared. The source said that the AGR dues of RCom and RTL are not linked in any way to this spectrum partnership. He also stated that both RCom / RTL and RJIL have paid AGR on the income from shared spectrum.
He pointed out that AGR dues related to 2G / 3G business of RCom / RTL prior to 2016 are not meant by this spectrum partnership, as RJIL was not operational at that time.
This post was published on August 15, 2020 4:59 pm
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