India’s Department of Telecommunications (DoT) has set a price of INR69.53 billion (USD1.04 billion) for Reliance Communications (RCOM) to liberalise its 850MHz spectrum in 16 circles, the Economic Times reports, citing unnamed sources. The fee is based on the market price for the airwaves – INR53.84 billion – and a spectrum usage charge of INR15.69 billion. By liberalising its spectrum resources, RCOM will be clear to share and trade its frequencies with other providers. Indeed, the cellco was previously reported to have held talks with newcomer Reliance Jio Infocomm (RJIL) regarding a potential spectrum trading/sharing deal. According to the sources, RCOM had applied to liberalise spectrum in 20 circles, but the DoT has yet to make a decision regarding the final four – Rajasthan, Karnataka, Kerala and Tamil Nadu – as a market-determined price for the airwaves is not available.