RCom and Rel Jio have virtually merged, says Anil

Wednesday 05th October 2016 06:18 EDT
 
 

Ambani brothers Mukesh and Anil, are working together to realise their father, Dhirubhai's dream. A tweet from Reliance Group, read, "Anil & Mukesh Ambani are working hand in hand to create the India that Shri Dhirubhai Ambani dreamt of." Anil later told a group of shareholders of his Reliance Communications that the telecom services of RCom and Reliance Jio, owned by big brother Mukesh, have "virtually merged".

He said both the companies have started sharing the telecom infrastructure, which includes mobile towers, optical fibre networks and spectrum of RCom and electronics and 4G LTE services of RJio. Reliance Group officials later clarified that the younger Ambani wasn't hinting at a legal merger. "The two companies are not merging. But we are sharing all the infrastructure and every RCom customer is now enjoying 4G services just like RJio services. Also, if required, RJio can also use our spectrum for 2G and 3G services. We have agreement to share spectrum also."

Reliance Industries chairman, Mukesh Ambani said, "I am personally happy that we have put the past behind us and our relationship on the family level is very cordial. As far as businesses go, we are separate, and fundamentally, we would work with all players."


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