Reliance Industries, headed by billionaire Mukesh Ambani might be gearing up to enter the telecom sector. After the cancellation of 122 licenses by the supreme court earlier this year in February, the government is all set for the auction of the vacant 2G spectrum and the application process for the same starts from September 28. Once the application process gets over, the auction of licenses must begin by November 12. Government has plans to auction airwaves frequencies in 1800 Mhz (GSM) band and 800 Mhz (CDMA) band which are being used for the mobile telephony services.
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