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
