On Friday April 08,2016, India's biggest mobile carrier announced a deal to acquire 20
MHz of Aircel's 4G spectrum in eight circles of Tamil Nadu, Bihar,
Jammu & Kashmir, West Bengal, Assam, North East, Andhra Pradesh and
Orissa for Rs 3,500 crore.
The acquisition of Aircel's spectrum, which is valid up to September 2030, will make Bharti Airtel a pan India 4G operator, the company said in a statement. Airtel was the first to launch 4G giving it a significant first-mover advantage with footprint in 15 circles
Bharti Airtel and its subsidiary Bharti Hexacom Ltd entered into a definitive agreement with Aircel Ltd and its subsidiaries Dishnet Wireless Ltd and Aircel Cellular Ltd to acquire rights to use 20MHz in 2300 band 4G TD spectrum in the 8 circles - Tamil Nadu (including Chennai), Bihar, Jammu and Kashmir, West Bengal, Assam, the North-East, Andhra Pradesh, and Orissa.
Note
Spectrum deals in the telecom sector have been on the rise after the government last year approved spectrum trading and sharing guidelines.
Spectrum trading allows telecom companies to transfer their spectrum rights to another party.
The acquisition of Aircel's spectrum, which is valid up to September 2030, will make Bharti Airtel a pan India 4G operator, the company said in a statement. Airtel was the first to launch 4G giving it a significant first-mover advantage with footprint in 15 circles
Bharti Airtel and its subsidiary Bharti Hexacom Ltd entered into a definitive agreement with Aircel Ltd and its subsidiaries Dishnet Wireless Ltd and Aircel Cellular Ltd to acquire rights to use 20MHz in 2300 band 4G TD spectrum in the 8 circles - Tamil Nadu (including Chennai), Bihar, Jammu and Kashmir, West Bengal, Assam, the North-East, Andhra Pradesh, and Orissa.
Note
Spectrum deals in the telecom sector have been on the rise after the government last year approved spectrum trading and sharing guidelines.
Spectrum trading allows telecom companies to transfer their spectrum rights to another party.
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