Qualcomm Gets Nod to Sell Entire Stake in 4G JV WBSPL to Bharti Airtel

By March 29th, 2014 AT 12:30 PM

India’s Department of Telecom (DoT) has finally cleared US-based Qualcomm Inc’s sale of 100 percent stake in its broadband wireless entity, Wireless Business Service Private Ltd (WBSPL), to Bharti Airtel.

Airtel 4G

In October last year, Airtel has acquired 100 per cent stake in Wireless Business Services (WBSPL), a company founded by Qualcomm which holds 4G BWA Spectrum in Mumbai, Delhi, Haryana and Kerala telecom circle.

Bharti Airtel has 4G (BWA) license and spectrum in 4 circles – Kolkata, Karnataka, Maharashtra and Punjab and launched its commercial 4G Broadband and Mobile services in Kolkata, Pune (Maharashtra), Chandigarh, Panchkula, Mohali (Punjab) and Bangalore (Karnataka) as we earlier shared on TelecomTalk.

With its 100% acquisition of WSBPL – Qualcomm 4G licences, Airtel now can launch 4G Mobile and Broadband services in the four more circles – Delhi, Mumbai, Kerala and Haryana.

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SaurabhsaiShiv Recent comment authors
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sai
sai

it is purely violation of election code DOT is not suppose to take this major decisions without any concern with ECI….

Saurabh
Saurabh

The code of conduct bars bringing in new policies and its implementation in a stipulated time. This matter was due from some time now and DoT was just awaiting nod so that something unlawful is not done on anyone’s part. So this is not a new matter and everything is done according to rules of auction in 2010 which didn’t had objection on sale of license and spectrum. So just relax.

Shiv
Shiv

Good news this. Surely this paves way for faster and smoother take off. Finally govt seems to be waking up. Good for telecom industry.

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