New Delhi, March 27 (IANS) Reliance Communications, part of the Anil Ambani-led group, has acquired new and top-up 800/850 MHz spectrum in 11 circles.
The acquisition of the new spectrum intends to achieve a contiguous five MHz spectrum holding nationwide in the recently concluded telecom airwaves auction, a company statement said here on Friday.
The company stated that with this acquisition, it has become India's first and only operator with nationwide footprint of contiguous 800/850 MHz spectrum.
"RCom operations now future-proofed across all Circles for most advanced LTE (long term evolution) technology at most optimal cost," it said.
"RCom invests nearly 50 percent of its total outlay on 800/850 MHz band," the company said.
Communications and IT Minister Ravi Shankar Prasad on Thursday said Reliance Communications has put a bid worth Rs.4,299 crore in the latest round of auctions. It would do an upfront payment of Rs.1,106 crore.
It said the company's auction participation centred on building appropriate spectrum portfolio and value creation for next 20 years.
The company also bought 900 MHz spectrum in Madhya Pradesh and Himachal Pradesh and won 1800 MHz spectrum in Odisha and northeast.
It has re-acquired spectrum in 900 and 1800 bands in four of the seven 2G spectrum expiry circles.
Tirath Singh Rawat: What did the girls say on the statement 'Women have ripped jeans'?
The new CM of Uttarakhand Tirath Singh Rawat is in the discussion due to the statement on the jea
Ruckus is increasing on the controversial statement given by RJD leader Surendra Yadav regarding
The team of Royal Challengers Bangalore (RCB) is also struggling to reach the playoffs this seaso
India captain Hardik Pandya has given a message to the team in the T20 series on the New Zealand
Akhilesh Yadav gives a blow to Mayawati and BJP, 7 rebel MLAs join SP
SP chief Akhilesh Yadav has given a blow to BSP and BJP on Saturday. 6 rebel BSP MLAs reached Luc
Senior Congress leader Acharya Pramod Krishnam has supported NDA's presidential candidate Draupad
Railway Minister Ashwini Vaishnaw told the Lok Sabha on Wednesday that it is mandatory to display
Ballon d'Or: Lionel Messi wins the best player award in world football for the seventh time
Paris Saint-Germain and Argentine forward Lionel Messi have won the Ballon d'Or, the title of foo
Sri Ram Sena Chief Pramod Muthalik in Karnataka has given a controversial statement on Love Jihad
Now only a few days are left for the start of the 17th season of the Indian Premier League (IPL 2
