Bharti Airtel has acquired 97 MHz spectrum by winning back spectrum that was expiring in the current year and additionally purchased spectrum to enhance its mid?band spectrum holding across the select circles. With this purchase, the company will continue to enjoy the largest mid?band spectrum pool in the country. The company has spent total consideration of Rs 6,857 crore to secure the said quantum of spectrum.
Out of the above, Bharti Hexacom has acquired 15 MHz with an outlay of Rs 1,001 crore. The spectrum purchase is in line with company’s stated strategy to build large pool of mid?band holding to deliver seamless 4G and 5G services across the country. Airtel has consistently been at the forefront of introducing disruptive technologies to India. As a result of the use of the mid? band spectrum, customers can enjoy enhanced browsing speeds in addition to improved indoor coverage.
Bharti Airtel is a leading integrated telecommunications company with operations across Asia and Africa.
