Bharti Airtel has announced that the company and its subsidiary, Bharti Hexacom have entered into definitive agreements with Aircel and its subsidiaries, Dishnet Wireless to acquire rights to use 20 MHz of 2300 Band 4G spectrum for eight circles – Tamil Nadu (including Chennai), Bihar, Jammu & Kashmir, West Bengal, Assam, North East, Andhra Pradesh and Orissa for an aggregate consideration of Rs. 3,500 crore.
Continue reading “Airtel to acquire Aircel’s 4G spectrum in 8 circles for Rs. 3500 crore”