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Airtel to buy Videocon spectrum in 6 circles for INR 44 bln

2016-03-17 12:40:00| Telecompaper Headlines

(Telecompaper) Indian operator Bharti Airtel has agreed to acquire Videocon Telecom's spectrum in six circles for INR 44.28 billion. Airtel will acquire rights to use 2 x 5 MHz spectrum in the 1800 MHz frequency band. The spectrum deal includes Videocon's spectrum in Bihar, Haryana, Madhya Pradesh, UP (East), UP (West) and Gujarat. The spectrum license expires in December 2032.

Tags: buy spectrum circles inr

Category:Telecommunications

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