Airtel videocon spectrum

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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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Airtel says to acquire Videocon spectrum in six circles for Rs 4428 crore

Bharti Airtel, the country’s largest telecom operator, will acquire Videocon Telecom’s spectrum in six circles–Bihar, Haryana, Madhya Pradesh, UP (East), UP (West) and Gujarat– for Rs 4,428 crore, through a bandwidth trading deal, the company said in a notice to the Bombay Stock Exchange. The move comes a day after Idea Cellular terminated its spectrum trading agreement with Videocon Telecom for the latter’s Gujarat and UP West circles, signed for… Read More

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