Bharti Airtel has acquired 111.6 MHz of prime spectrum across 900 MHz, 1800 MHz and 2100 MHz bands for a total consideration of Rs 29,130 crore in the just concluded spectrum auction conducted by the Government of India. Of this, Rs 17,618 crore has been spent on the renewal of existing spectrum while the balance Rs 11,512 crore has been spent on procuring new spectrum. The company’s spectrum acquisition strategy is aimed at enhancing its leadership position in the fast growing data segment in the country.
The company has successfully renewed all its spectrum holdings in the 900 MHz band in Andhra Pradesh, Karnataka, Punjab, Himachal Pradesh, Rajasthan and North East circles. Moreover, the company has acquired additional spectrum in the 900 MHz band in key leadership circles of Karnataka, Andhra Pradesh, Punjab, Himachal Pradesh, North East, Assam, Bihar and Orissa.
Further, the company has acquired 1800 MHz spectrum across Punjab, Andhra Pradesh, Kolkata, Orissa, Haryana and North East. The Company has added to its spectrum holding in the 2100 MHz band by acquiring fresh spectrum in Gujarat, Maharashtra, Orissa, Uttar Pradesh (East), Madhya Pradesh, Haryana and Tamil Nadu circles.
| Company Name | CMP |
|---|---|
| Bharti Airtel | 1779.50 |
| Vodafone Idea | 11.76 |
| Indus Towers | 409.55 |
| Tata Communications | 1567.25 |
| Bharti Hexacom Ltd. | 1466.50 |
| View more.. | |
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