Airtel acquires 3G, 4G spectrum for INR 142 bln

Friday 7 October 2016 | 08:07 CET | News
Indian operator Airtel has announced it has acquired 173.8 MHz of spectrum in the 1800MHz, 2100MHz and 2300MHz frequency bands for INR 142.4 billion. Airtel said it has secured "spectrum requirements for the next 20 years" and now has 4G and 3G spectrum in all circles. "Through strategic buying, in the latest auction, Airtel has built new 4G/3G capabilities in seven circles. The company has spent Rs 10,340 crore towards enhancing data capacities in 15 circles", Airtel said. The operator has also invested INR 3.2 billion in completing some of the existing partial blocks in four circles.

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Categories: Mobile & Wireless
Companies: Airtel
Countries: India
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