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Updated: Reliance Industries Buys 95% In BWA Auction Winner Infotel; To Invest Rs. 4800 Cr

Our BWA Auction Results coverage brought to you by One97 Communications. Lets Get Talking! Update: DNA has a detailed perspective of a discussion that RIL held with analysts on Saturday. Some points of note: - RIL intends to deploy WiMAX, and then graduate services to LTE when it matures in two years. - As expected, what Reliance Infocomm did for Telecom - substantially bring down prices and make mobile 'mass', is what RIL plans to do in broadband - go mass, not niche. - RIL said it paid $0.06 per user per MHz for acquiring spectrum, compared with $0.32 per user per MHz paid by 3G winners. It plans to invest Rs. 18,000-20,000 Crore over the next year to roll out services Much more at DNA Unexpectedly, RIL will also not look to buy, reports Financial Express. This is unexpected,…

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Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

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