Reliance Communications to share spectrum with Reliance Jio for 4G

Reliance Jio and Reliance Communications will share spectrum in some circles.
India’s Reliance Communications Ltd has agreed to trade airwaves in nine service areas with the upcoming 4G telecommunications venture of Reliance Industries Ltd, the companies said on Monday.
Reliance Communications, controlled by billionaire Anil Ambani, will also share its airwaves in the 800 megahertz band with Reliance Jio Infocomm Ltd in 17 service areas, the companies said in separate statements, without