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Updated: Reliance Jio Gets Pan-India Unified License; Financials

Update 2: Reliance Jio Infocomm has informed that it has received unified license for all 22 service areas across India. With this, the company has migrated its existing ISP license along with Broadband Wireless Access (BWA) spectrum to the Unified License regime with authorization for all services except Global Mobile Personal Communication by Satellite Service (GMPCS) under Unified License in all service areas. Update 1 (October 15): Reliance Jio Infocomm Limited (erstwhile Infotel Broadband Services Limited) has reported revenues of Rs 0.02 crore for the six month ended September 30, 2013, a flat growth from Rs 0.02 crore revenues for the same six months period last year. It reported a net loss of Rs 4.06 crore for the six months period, a significant increase from Rs 2.93 crore loss reported in the corresponding period last year. This is however because Reliance Jio Infocomm is yet to commercially launch its 4G service in the country, due to which the revenues are currently quite low while the expenses are quite high, driven by RIL's significant pre-launch investment on its 4G service. Download - Financials Earlier (October 15): Reliance Jio Infocomm Limited has received Letter of Intent (LoI) from India's department of telecom (DOT) for a Unified Licence with Authorisation for all Services under Unified License in all service areas. This means that even if the company does not participate in the upcoming 2G auctions early next year, it has the authorization to offer voice services over the Internet (VoIP) to customers, wherein calls will be allowed to terminate on…

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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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