Reliance Communications expects the transactions to close in a phased manner between January and March 2018, subject to lenders’ and other applicable approvals. The RJIO deal consideration comprises primarily of cash payment and includes transfer of deferred spectrum instalments payable to the Department of Telecommunication (DoT).
BlogB K Syngal, Former CMD, VSNL
The telecom regulatory authority of India or TRAI has started the exercise of reviewing interconnection usage charge (IUC). There is always a dispute between incumbent and new operators on interconnection charges. Incumbent operators want high IUC as they have been around for a longer time and, thus, have more number of subscribers, while new operators want low IUC.