Mukesh Ambani-led RIL on Tuesday said its newly acquired internet arm Infotel has paid Rs 12,847.77 crore (Rs 128.477 billion) it bid for pan-India Broadband Wireless Access spectrum.
"To use this spectrum, BSNL has gone for a franchise model on a revenue-sharing basis. As per the provision of expression of interest and agreement signed with the franchisee companies, they are required to pay amortised value of spectrum/ cost to BSNL on monthly basis," Minister of State for IT & Telecom Gurudas Kamat said in a written reply to the Lok Sabha.
The Unified Licence for all 22 Service Areas across India will make the company the first telecom operator in the country to get pan India Unified Licence, the company said in a statement.
The move is being considered after growing clamour from competing 4G operators for a level playing field in relation to Qualcomm.
Will Mukesh Ambani disrupt the telecom market by offering consumers voice calls at rock-bottom tariff?
The bid for pan-India spectrum for 3G telephony on Thursday crossed Rs 15,000 crore (Rs 150 billion) and is still rising.
The last date for applying for both 3G and BWA spectrum is today. Auction for BWA spectrum will begin on April 11.
The reserve price for pan-India spectrum was Rs 3,500 crore.
The government would earn a minimum of Rs 38,000 crore (Rs 380 billion) from the 3G auction, with the pan-India licence reaching a bid of about Rs 9,521 crore (Rs 95.21 billion) on the 18th day, up by over 172 per cent from a base price of Rs 3,500 crore (Rs 35 billion).
Gearing up for its pan-India 4G services launch in coming months, Reliance Jio Infocomm has approached the Department of Telecom for a network test conducted along with security agencies.
Officials of Reliance Jio Infocomm claimed to have achieved broadband speeds on their networks that are 10-12 times faster than 3G services.
The licensee will have to ensure that at least half the areas under rural telecom exchanges gets the required street level coverage.
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.
Telecom operator Reliance Jio Infocomm has arranged credit facilities worth $1.5 billion with lenders, including Bank of America and Barclays, to refinance existing loans.
The auction will help operators augment expansion of high-speed 4G voice and data services in the world's second largest mobile phone market.
The amount generated so far is about 86 per cent of what the 3G auction fetched in 2010.
Consumers can expect a 5G launch in the country soon. Telecom companies (telcos) say if auctions take place on time - the target is July - they would be able to offer some services in a few cities by the end of this year and a full roll-out from 2023. But the question is: will 5G turn the tables for telcos financially? Will average revenue per user (ARPU) improve? Will mobile consumers upgrade to 5G quickly and pay more? Will the expanded functions that 5G enables drum up sufficient revenues? In simple terms, will telcos make more money?
Telecom Commission approves high base price of Rs 11,485 cr per Mhz for 700-Mhz frequency; no decision taken on proposed standard spectrum usage charges of 4.5%
Its says reconsider lower reserve price, uniform usage charges; GSM players to bear the brunt.
Telecom companies put in bids worth a total of about Rs 45,000 crore (Rs 450 billion) on the second day of the auction on Tuesday, with premium 900 Mhz band in Delhi, Mumbai and Kolkata witnessing continuing demand.
For 2100-MHz, 2300-MHz and 2500-MHz bands across circles; aim to offer these with 3G and 4G in February
After initial success, data use is stagnating and getting consumers to spend additional money for high-speed internet is proving to be difficult for telcos.
SpiceJet's ex promoter Ajay Singh is trying hard to pump in huge money into the airline.
After a two year run-in with controversies, telecom sector now looks stable and seems back on its feet with initial investment proposal of over Rs 11,000 crore (Rs 110 billion) received in 2013.