Saturday, January 12, 2008

Reliance Communication gets the GSM spectrum

The department of telecom(Dot) today alloted the spectrum, to the Anil Ambani led ADAG group, for their GSM operations in India.
The group also enjoys the royalty of being the largest CDMA player in the country finally got it piece of share in the GSM sector as well.
Waiting for one of the largest IPO's to hit the market, it was another gift in the parcel for the group.
Spectrum is basically the radio frequencies that enable wireless communications.

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