airtel videocon spectrum deal

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Airtel says completes acquistion of Videocon spectrum in six circles

Airtel, the country’s leading telco, said that it has completed the acquisition of Videocon’s spectrum in six circles for Rs 4428 crore. Both the companies, in a joint statement, said that all necessary approvals including the conditions stated in the spectrum trading guidelines have been met with. Before the Airtel deal, Idea Cellular, which is India’s third largest telco, was in touch with Videocon for a similar deal. However, Idea had… Read More

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