Airtel Secures 97 MHz Spectrum in 900 MHz, 1800 MHz, and 2100 MHz Bands for Rs 6857 Crore

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Airtel Acquires 97 MHz Spectrum for Rs 6857 Crore in Key Frequency Bands

Team FS

27/Jun/2024

Key Points:

Major Spectrum Acquisition: Airtel secures 97 MHz spectrum in 900 MHz, 1800 MHz, and 2100 MHz frequency bands.
Significant Investment: The company invests Rs 6857 crore to enhance its mid-band spectrum holdings.
Bharti Hexacom's Purchase: Bharti Hexacom acquires 15 MHz spectrum with an expenditure of Rs 1001 crore.

Airtel Secures 97 MHz Spectrum for Rs 6857 Crore in Key Frequency Bands

In a significant move to bolster its telecom infrastructure, Bharti Airtel has successfully acquired 97 MHz spectrum across the 900 MHz, 1800 MHz, and 2100 MHz frequency bands. The acquisition, which cost the company Rs 6857 crore, ensures that Airtel secures its spectrum for the next 20 years, reinforcing its position as a leading telecom service provider in India.

Enhancing Spectrum Holdings

Airtel announced that this spectrum acquisition includes both renewing spectrum that was set to expire this year and purchasing additional spectrum to enhance its mid-band holdings across key circles. This strategic move is expected to strengthen Airtel's network capabilities, ensuring better service quality and coverage for its customers.

Largest Mid-Band Spectrum Pool

With this acquisition, Airtel continues to enjoy the largest mid-band spectrum pool in the country. This extensive spectrum holding will enable the company to provide superior network performance and support the increasing demand for data services. The investment of Rs 6857 crore underscores Airtel's commitment to enhancing its network infrastructure and staying ahead in the competitive telecom market.

Bharti Hexacom's Spectrum Purchase

In addition to Airtel's acquisition, Bharti Hexacom Ltd., a subsidiary of Bharti Airtel, has acquired 15 MHz spectrum with an outlay of Rs 1001 crore. This purchase further solidifies the group's overall spectrum position, ensuring comprehensive coverage and capacity to meet future telecom needs.

Strategic Importance of Spectrum Acquisition

The newly acquired spectrum will be crucial in supporting Airtel's ambitious growth plans, including the rollout of advanced technologies such as 5G. By securing these key frequency bands, Airtel is well-positioned to provide enhanced mobile broadband services, catering to the evolving needs of its customer base.

Conclusion

Airtel's strategic investment in acquiring 97 MHz spectrum in the 900 MHz, 1800 MHz, and 2100 MHz frequency bands demonstrates its dedication to maintaining its leadership in the telecom industry. This move not only ensures superior network performance and coverage but also prepares the company for future technological advancements. As Airtel continues to expand its spectrum holdings, it remains committed to delivering the best possible experience to its customers.

For more updates on Airtel and other industry news, visit Finance Saathi.

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