Jio says Rcom sharing deal stands, won’t be affected in case deal stops

Mukesh Ambani’s Reliance Jio Infocomm (Jio) said it would not be affected by the legal implications of several cases against brother Anil Ambani’s Reliance Communications (RCom) but also stressed that the latter is a licence holder and its spectrum sharing deal still stands.

“RCom continues to be a license operator. They have not paid, but that does not disqualify them (as a license holder) and the Department of Telecommunications (DoT) is looking into it. DoT has sent show cause notices for not paying (dues ) but the company is in a peculiar situation where there are court cases going on in National Company Law Appellate Tribunal (NCLAT) and Supreme Court (SC),” said Anshuman Thakur, strategy head of Jio.