Jio pays off $4 billion in spectrum dues and takes broadband crown
Reliance Jio is on a roll, paying off billions of dollars of spectrum liabilities just a day after official figures revealed it is now India’s biggest fixed broadband provider.
The Indian telco is keen to share that it has made payments totalling 307.9 billion rupees, or just over US$4 billion, to the Department of Telecom (DoT) to clear all its spectrum dues, including accrued interest. The payments pertain to the acquisition of a total of 585.3 MHz of frequencies acquired in auctions in
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