TeleGeography Logo

RCOM reportedly looking to return 1800MHz spectrum

30 Jun 2017

Debt-laden wireless provider Reliance Communications (RCOM), has reportedly approached the telecom ministry to request permission to return a portion of its 1800MHz spectrum holdings. The Economic Times cites unnamed sources as saying that the cellco is hoping to surrender ‘small quantities’ of airwaves in four circles – Mumbai, Karnataka, Haryana and Punjab – with a view to avoiding paying the remaining instalments for the spectrum and has requested a refund for some of the payments it has already made. The frequency in question is understood to refer to four 2×0.6MHz blocks of spectrum purchased by the operator in the February 2014 and March 2015 auctions. As noted by TeleGeography’s GlobalComms Database, the Mumbai airwaves (Feb-14) were priced at INR1.63 billion (USD25.2 million), whilst the frequencies in Haryana, Karnataka and Punjab (all Mar-15) cost the cellco INR280 million, INR1.11 billion and INR426 million respectively. The report follows an agreement from RCOM’s lenders to grant the cellco a ‘standstill’ until December 2017 – during which it will not need to service its loans, and its debts will not accrue interest – to allow the operator to complete several transactions that will more than halve its debt burden of INR450 billion.

India, Reliance Communications (RCOM)

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.