Anil Ambani-led Reliance Communications (RCom) announced that it has received the final approval on its merger with Sistema from the Department of Telecommunication (DoT). On account of this deal, RCom will gain nearly two million customers and additional annual revenues of around Rs.700 crore. Spectrum portfolio of RCom will be enhanced by 30 MHz in the 800 MHz band, which is useful for 4G services. Validity
of RCom's spectrum portfolio (valid up to 2021) will also be extended as Sistema has spectrum in eight circles - Delhi, Gujarat, Tamil Nadu,
Karnataka, Kerala, Kolkata, UP-West and West Bengal - with validity up to 2033.