iWorld
Reliance Jio announces acquisition of 269.2 MHz spectrum
Mumbai, 6th October 2016: Reliance Jio Infocomm Ltd (“RJIL”) announces that it has successfully acquired the right to use 269.2 MHz (UL+DL) spectrum across all 22 Service Areas in India in the recently concluded spectrum auction conducted by DOT, Government of India. Service Area wise details of spectrum acquired are as per below:
| Service Area | 800 MHz band (Paired) |
1800 MHz band (Paired)  |
2300 MHz band (Unpaired) |
| Andhra Pradesh | – | – | 10.00 |
| Assam | – | – | 10.00 |
| Bihar | – | 5.00 | 10.00 |
| Delhi | – | – | 10.00 |
| Gujarat | 5.00 | – | 10.00 |
| Haryana | – | 1.00 | – |
| Himachal Pradesh | – | 5.00 | 10.00 |
| Jammu & Kashmir | – | 10.00 | – |
| Karnataka | – | – | 10.00 |
| Kerala | – | – | 10.00 |
| Kolkata | – | – | 10.00 |
| Madhya Pradesh | – | – | 10.00 |
| Maharashtra | – | – | 10.00 |
| Mumbai | – | – | 10.00 |
| North East | – | – | 10.00 |
| Odisha | – | – | 10.00 |
| Punjab | 3.75 | 5.20 | – |
| Rajasthan | 5.00 | – | – |
| Tamil Nadu | – | – | 10.00 |
| Uttar Pradesh (East) | 1.25 | 3.40 | – |
| Uttar Pradesh (West) | – | 5.00 | – |
| West Bengal | – | 5.00 | 10.00 |
| Total | 15.00 | 39.60 | 160.00 |
Enhancement of spectrum footprint
RJIL has renewed its expiring spectrum in 800 MHz band in Gujarat circle and purchased additional spectrum in the 800 MHz, 1800 MHz and 2300 MHz bands at 6.5% premium to reserve price.
Through this acquisition, RJIL’s total spectrum footprint has increased to 1,108 MHz(UL+DL) with an average life of over 16 years, further strengthening its leadership position in liberalized spectrum holdings. RJIL’s spectrum footprint ensures availability of spectrum in all the three bands across the country and enhances its network capacity at negligible incremental capital and operating expenditure.
Mukesh D Ambani, Chairman, Reliance Industries Limited, said “We have expanded our spectrum footprint thereby significantly enhancing capacity of our all-IP data strong network and ensuring world class services for all Indians. Jio is committed to taking India to global digital leadership by bringing the power of data to all Indians.”
Cost
The payment to be made for the right to use of this technology agnostic spectrum for a period of 20 years is Rs. 13,672crore, as per the details below:
(amount in Rs. crore)
|
Frequency Band |
Total Payment |
|
800 MHz |
3,623 |
|
1800 MHz |
2,154 |
|
2300 MHz |
7,895 |
|
Total |
13,672 |
The above results are provisional and subject to DOTconfirmation.
iWorld
Epic Company launches unified Epic Studio for films and OTT
Vivek Krishnani to head films business; Samar Khan leads OTT & Television.
MUMBAI: Epic just merged its creative superheroes under one cape because when films and OTT need to fight for attention together, you don’t keep them in separate universes. The Epic Company has launched Epic Studio, a next-generation creative and production powerhouse that unites Juggernaut Productions and Movieverse Studio under a single banner. The move creates a streamlined, scalable platform for premium storytelling across theatrical films, OTT originals, television, digital-first formats and branded content.
Vivek Krishnani has been appointed chief executive officer, Epic Studio (Films), overseeing the theatrical and film business with a focus on culturally resonant narratives across Hindi, Telugu, Tamil, Gujarati and Malayalam cinema. Samar Khan continues as chief executive officer, Epic Studio (OTT & Television) and retains his role as chief content officer for Docubay and Epic On.
The Epic Company managing director Aditya Pittie said, “Epic Studio brings together our entire creative ecosystem under one unified studio vision. This is not just an integration of verticals, but the creation of a collaborative environment where writers, filmmakers, creators, and brand partners can seamlessly develop and scale stories across formats and screens.”
Vivek Krishnani added, “We are building an audience-focused mainstream film studio committed to delivering fresh, engaging, and innovative stories for both theatrical and streaming platforms.”
Samar Khan commented, “This alignment allows us to approach storytelling with a unified studio mindset. We are building IP under one creative umbrella, with scale and longevity in mind from inception.”
The unified structure eliminates silos, enabling ideas to flow fluidly from concept to screen while adapting to evolving audience behaviour. Epic Studio positions itself as a creator-led ecosystem championing purposeful, resonant storytelling with commercial strength.
In an entertainment landscape where stories now leap between screens faster than plot twists, Epic isn’t just building a studio, it’s crafting a single launchpad where every tale gets the best shot at soaring across every platform.
