Reliance Communications Ltd (532712)
Disclosure under Reg. 30 - Termination of the telecom spectrum assigned to RCOM / RTL
DoT has terminated Reliance Communications Ltd and its subsidiary Reliance Telecom Ltd's telecom spectrum assigned through auctions in 2010, 2013, 2014, 2015, and 2016 due to violations including non-payment of deferred instalments, spectrum usage charges, and roll-out obligations. The spectrum rights have reverted to the Central Government with immediate effect. The companies must cease all wireless operations using this spectrum. Financial and operational impacts are under evaluation; resolution plans involving spectrum sale are sub-judice before NCLT Mumbai.
Source: Original filing PDF
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🚨 532712 — Quarterly Results
Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
Board declared ₹10/share dividend. Jio adds 8M subs.
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