Reliance Jio's Mukesh Ambani's master stroke on capturing 800Mhz Spectrum in-directly from MTS Sistema by putting Anil Ambani's Reliance Communications at the front is a Master Stroke you all should know. If you look at the Spectrum Allocation of
MTS Sistema and how Reliance Jio bid for
800Mhz Spectrum during 2015 auctions it is only in complementing circles of MTS
RCOM has announced partnership with Jio for LTE. The partnership includes 1) Trading 800MHz spectrum across 9 circles to Jio and 2) Sharing 800MHz across 17 circles.
We believe that the 9 circles trading is likely to involve Sistema. Sistema has 800MHz spectrum in 9 circles and it has no overlap with the 10 circles where Jio acquired 800MHz in the Feb-15 auction. RCOM's acquisition of Sistema (yet to be concluded) would ensure that it has some 800MHz spectrum left (for CDMA) even after trading 5MHz (needed for optimally rolling out LTE) to Jio. Note that both telcos need spectrum in the same band for sharing.
