Reliance JIO announces Acquisition of Spectrum in The 800 MHZ, 1800 MHZ and 2300 MHZ Bands in The Spectrum auctions

RJIL OWNED SPECTRUM FOOTPRINT INCREASES BY 55% TO 1,717 MHZ
LARGEST SPECTRUM HOLDING IN SUB-GHZ AND 2300 MHZ BANDS
ENHANCED SPECTRUM FOOTPRINT WITH A MINIMUM OF 2X10 MHZ IN 1800 MHZ BAND AND 40 MHZ IN 2300 MHZ BAND ACROSS ALL CIRCLES
RJIL ACHIEVES COMPLETE SPECTRUM DERISKING WITH AVERAGE VALIDITY OF OWNED SPECTRUM AT 15.5 YEARS
ACQUIRED SPECTRUM SUITABLE FOR USE WITH 5G TECHNOLOGY

Reliance Jio Infocomm Ltd (“RJIL”) announces that it has
successfully acquired the right to use spectrum in all 22 circles across India in the recently
concluded spectrum auctions conducted by Department of Telecommunications, Government
of India. Circle wise details of spectrum acquired are provided in the following table:

RJIL has very well balanced spectrum for LTE Services and future upgradation to 5G
Technology
1. Through this acquisition, RJIL’s total owned spectrum footprint has increased
significantly, by 55%, to 1,717 MHz (uplink+ downlink).
2. RJIL has the highest amount of sub-GHz spectrum with 2X10 MHz contiguous spectrum
in most circles. It also has at least 2X10 MHz in 1800 MHz band and 40 MHz in
2300 MHz band in each of the 22 circles.
3. RJIL has achieved complete spectrum derisking, with average life of owned spectrum of
15.5 years.
4. RJIL’s spectrum has been acquired in the most cost efficient manner with an effective
cost of Rs 60.8 crore per MHz

5. With the enhanced spectrum footprint, especially contiguous spectrum, and pan-India
infrastructure deployed, RJIL has enhanced network capacity to service its existing
users as well as hundreds of millions of more subscribers on its network.
6. The acquired spectrum can be utilised for transition to 5G services at the appropriate
time, where Jio has developed its own 5G stack.
Sh. Mukesh D Ambani, Chairman, Reliance Industries, said, “Jio has revolutionised the
digital landscape of India with the country becoming the fastest adopter of Digital Life. We
want to ensure that we keep on enhancing experiences, not only for our existing customers,
but also for the next 300 million users that will move to digital services. With our increased
spectrum footprint, we are ready to further expand the digital footprint in India as well as get
ourselves ready for the imminent 5G rollout.”
Cost
The payment to be made for the right to use this technology agnostic spectrum for a period
of 20 years is Rs. 57,123 crore, as per the details below:

As per terms of the spectrum auction, the deferred payments have to be made over a period
of 18 years (2 year moratorium plus 16 year repayment period), with interest computed at
7.3% per annum.