Jio Purchased Airtel’s Unutilised 800 Mhz Spectrum in Delhi, Mumbai and AP

Follow Us

airtel-jio-spectrum

Reliance Jio Infocomm Ltd (“RJIL”) announced today that it has entered into a definitive agreement with Bharti Airtel Limited for the acquisition of the right to use spectrum in the 800MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading.




The trading agreement is in accordance with the Spectrum Trading Guidelines issued by the Department of Telecommunications and is subject to the requisite regulatory and statutory approvals. The aggregate value for the right to use this spectrum is Rs 1,497 crores, inclusive of the present value of associated deferred payment liability of Rs 459 crores, subject to any transaction related adjustments.

Circle wise details of the traded spectrum:

Circle800 MHz band (FDD) 
A.P3.75 
Delhi1.25 
Mumbai2.50 
Total7.50

With this trading of right to use spectrum, RJIL will have 2X15MHz of spectrum in the 800MHz band in Mumbai circle and 2X10MHz of spectrum in the 800MHz band in Andhra Pradesh and Delhi circles, thereby further consolidating its spectrum footprint in these circles. With the enhanced spectrum footprint, especially contiguous spectrum, and superior infrastructure deployed, RJIL has further increased its network capacity. The transaction is subject to the requisite regulatory and statutory approvals.

Through this agreement, Airtel will receive a consideration of Rs 1037.6 crores from Jio for the proposed transfer. In addition, Jio will assume future liabilities of Rs 459 crores relating to the spectrum.

Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said: “The sale of the 800 MHz blocks in these three circles has enabled us to unlock value from the spectrum that was unutilised. This is aligned to our overall network strategy.”

Reported By

Shrijan loves the process of creating content in various verticals, whether it be words, sounds or videos. He's also inclined towards digital marketing and tech industry developments. The art of creation always triggers his interest.

Recent Comments

Faraz :

Can anyone share how is the call quality on BSNL while they are on move like bus or any vehicle.…

BSNL Has Now Installed 50000 4G Sites

Faraz :

This is good benefit for existing customers. But won't attract new customer. Vi will keep loosing as BSNL 4G keep…

Vodafone Idea offers Deepawali Rewards: Full Details Here

TheAndroidFreak :

Off Topic : Snapdragon 8 Gen 5...uses TSMC N3E and Samsung Foundry 2nm.

OnePlus 13 and Xiaomi 15 to Feature Qualcomm Snapdragon 8…

TheAndroidFreak :

1000GB is too less. My data is getting constantly finished within 15 days. Thankfully 1500 Jio unlimited working on two…

Airtel to Migrate to Standalone 5G FWA by December

Shivraj Roy :

yeah ,airtel isnt even trying to push 3.3TB on FWA

Airtel to Migrate to Standalone 5G FWA by December

Load More
Subscribe
Notify of
100 Comments
newest
oldest most voted
Inline Feedbacks
View all comments