Both Long Term Evolution Time Division Duplex and Worldwide Interoperability for Microwave Access are broadband wireless access technologies.
Company now plans to use 1800 MHz band spectrum as the primary wave while the 2300 Mhz wave will be supplementary for enterprise customers.
He is the former head of OnMobile, a mobile value-added services firm. He had resigned from the company in July over a 'corporate governance issue.
While Reliance/Infotel Broadband stands to gain if Qualcomm is forced out of the BWA race, will the potential Indian consumer of broadband wireless services gain from this unseemly tussle? That is a question that remains unanswered.
Vendors say Infotel Broadband close to signing tower leasing deals with Anil Ambani company
Reliance will offer high-quality voice and video calling services like Skype.
The move is being considered after growing clamour from competing 4G operators for a level playing field in relation to Qualcomm.
RIL mulls launching tablets at around Rs 3,500 and bundle it with data offering 1 GB at Rs 10, a tenth of the current 3G prices.
Despite the increased business risks, the rating agency affirmed Baa2 ratings, three notches down from the highest grade, with a stable outlook for RIL, Moody's Investor Service said in its weekly outlook.
Right after it returned to the telecom sector by acquiring Infotel Broadband, Mukesh Ambani's Reliance Industries (RIL) began discussions with brother Anil Ambani's mobile service provider, Reliance Communications (RCom), for a possible sharing of infrastructure.
As it firms up its telecom re-entry strategy, Reliance Industries subsidiary Infotel Broadband has told telecom tower companies that it will pay only half the prevailing rental for towers taken on lease.
Indian companies raised over $3.41 billion overseas in December through external commercial borrowings (ECBs) and foreign currency convertible bonds (FCCBs), the Reserve Bank of India (RBI) has said.
RIL, RCom working on partnership blueprint.
Vishvapradhan Commercial Private Ltd, a little-known entity through which the Adani Group has launched a hostile bid for NDTV Ltd, had an annual turnover of just Rs 60,000 few years back but it gave Rs 400 crore of interest-free loans to the broadcaster in 2009, as per Sebi orders.
The CAG has suggested canceling nationwide broadband spectrum allocated to Infotel Broadband Services, now a Reliance Industries company, for allegedly rigging the auction and violating rules.
The firm is looking to raise as much as Rs 1,000 crore through short-term commercial paper.
According to documents accessed by Business Standard, RIL increased its direct stake in Jio to 98.9 per cent as on March this year by pumping more capital into the company.
Three firms, Vishvapradhan Commercial Pvt Ltd along with AMG Media Networks and Adani Enterprises Ltd, have offered a price of Rs 294 for the acquisition of up to 1,67,62,530 fully paid-up equity shares of NDTV having a face value of Rs 4 from the public shareholders.
Bharti Airtel customers can now avail its 4G data plans starting from Rs 450, down 31 per cent from Rs 650 earlier in Bengaluru, Kolkata, Pune and Chandigarh circles.
Over a third of Ambani's speech was focussed on RIL's plans.
DoT and the company have not done anything that breached the guidelines mentioned in the notice inviting applications for the auction of the BWA spectrum in 2010, it stated in a reply to CAG's draft audit report.
The Aam Aadmi Party has demanded the dismissal of Telecom Minister Ravi Shankar Prasad alleging a conflict of interest that has prevented him from issuing a notice to Mukesh Ambani's Reliance Jio on the 4G issue, a charge vehemently denied by Prasad who said he never gave advice or appeared for the company.
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