Unitech Wireless, the telecom arm of real estate major Unitech, today said it has received GSM spectrum in West Bengal.
The Department of Telecommunications has issued a letter to company's telecom subsidiary for allotment of 4.4 MHz of spectrum in 1,800 MHz GSM band in West Bengal service areas, Unitech said in a statement.
With this, the company has been allotted initial spectrum in 21 service areas of India out of 22. The company had earlier announced its plans to sell a 60 per cent stake in the telecom business to Norway's telecom major Telenor for Rs 6,120 crore.
Shares of Unitech were trading at Rs 34.70, down 3.34 per cent up on the BSE.