- Mukesh Ambani's Reliance Industries took our natural gas worth Rs 30,000 cr: ONGC claims in High CourtMukesh Ambani's Reliance Industries turns to African crude in shale boom spin-offNetwork 18 gains 17% after takeover by Reliance IndustriesDay after Reliance Industries takeover: Network18 founder Raghav Bahl bids adieu to company
Reliance Jio Infocomm has moved to the Bombay High Court seeking approval for amalgamating its long distance services arm Infotel with itself.
It has also approached the Department of Telecom for setting up an international Internet services gateway required for connecting with overseas networks.
In a letter to DoT, RJIL said: "In view of RJIL holding Unified Licence having authorisation of all services including NLD (National Long Distance) and ILD (International Long Distance) services, we wish to carry out NLD and ILD business under single licence.
"It is therefore proposed to consolidate ITL (Infotel Telecom Ltd) and RJIL into a single company through the process of amalgamation."
ITL has filed company scheme petition with Bombay High Court for seeking approval of amalgamation, RJIL has said in the letter.
"We, RJIL and ITL, hereby notify top to the DoT our scheme of amalgamation of companies...is in compliance with DoT guidelines for transfer and merger of various categories of telecommunication service licences," it said.
The company has also approached DoT to set up international Internet gateway and Mumbai and Chennai after which it will be able to provide Internet services in the country.
RJIL has requested DoT for completing security process after which the gateway can be made operational. The security process includes setting up of Internet interception and monitoring system and its successful access to government security agencies under Ministry of Home Affairs.
The company is expected to launch services in the July- September quarter this year.