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Reliance Comm pays $1.8 bln for 3G spectrum

Reliance Communications has paid 85.85 billion rupees ($1.8 billion) as 3G spectrum fees to the department of telecommunications, India's No. 2 mobile phone carrier said on Monday.
Reuters | By HT Correspondent, Mumbai
UPDATED ON MAY 31, 2010 02:43 PM IST

Reliance Communications has paid 85.85 billion rupees ($1.8 billion) as 3G spectrum fees to the department of telecommunications, India's No. 2 mobile phone carrier said on Monday.

Reliance won the right to provide 3G mobile services in 13 telecoms zones earlier this month in an auction that lasted 34 days and will generate $14.6 billion for the government, nearly twice what it had expected.

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