Reliance Industries is already scheduled to launch their 4G LTE network in the country to offer data services.
Industry analysts believe that the company is very likely to take part in the upcoming mobile spectrum auction to get the rights to offer voice services as well.
Mukesh Ambani was behind the launch of Reliance Mobile. This division is currently managed by his brother Anil Ambani.
RIL does not have any shortage of funds which would make it easy to outbid any challenger for the circles they want the rights for.
Reliance Industries of course has not commented on these reports. We would find out soon enough.