Airtel aircel spectrum

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Bharti Airtel completes transaction for Aircel 4G spectrum in six circles

Bharti Airtel, on Monday informed the stock exchanges that it has successfully concluded the transaction for the acquisition of rights to use 20 MHz of 2300 Band spectrum from Aircel in 6 out of 8 circles, following the receipt of all necessary approvals and satisfying all the conditions, including conditions stated in the Spectrum Trading Guidelines. These six circles are Tamil Nadu (including Chennai), Bihar, Jammu & Kashmir, West Bengal, Assam… Read More

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Airtel-Aircel spectrum trading deal gets nod from Telecom Ministry: Report

Telecom Ministry has reportedly cleared the Rs 3,500-crore 4G spectrum trading deal between India’s leading telecom carrier Bharti Airtel and Aircel. Wire service PTI reported that the deal was cleared on July 4 by Ravi Shankar Prasad, who was at the helm of affairs then of the Telecom Ministry. However, Bharti Airtel has declined to comment when contacted by PTI. Airtel, which is leading the 4G market in the country, had entered… Read More

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Airtel says buying Aircel 4G spectrum in 8 circles to counter Reliance Jio

Bharti Airtel, the country’s leading telco, has inked a definitive agreement with Aircel to acquire the latter’s 4G spectrum in eight circles for Rs 3500 crore through a spectrum trading deal, a move aimed at countering the anticipated onslaught from Mukesh Ambani-owned Reliance Jio, which is likely to launch commercial services soon. The eight circles where Airtel has acquired Aircel’s 4G spectrum are Tamil Nadu (including Chennai), Bihar, Jammu &… Read More

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