Airtel to transfer 800 MHz spectrum in 3 circles to Jio for Rs 1,038 cr

Gopal Vittal, MD and CEO of Airtel said that the sale of the 800 MHz blocks has enabled the company to unlock value from spectrum that was unutilised

Reliance Jio announced on Tuesday that it has signed an agreement with Bharti Airtel for acquisition of right to use spectrum in the 800 MHz band in Andhra Pradesh, Delhi and Mumbai circles through spectrum trading.

After the transfer, Jio's spectrum footprint will be enhanced in 800 Mhz band to 2x15 Mhz in mumbai circle and 2x10 Mhz in Andhra Pradesh and Delhi circles. 

Airtel's 800 MHz spectrum in Andhra Pradesh (3.75 MHz), Delhi (1.25 MHz) and Mumbai (2.50 MHz) will be transferred to Jio. 

"The trading agreement is in accordance with the Spectrum Trading Guidelines issued by the Department of Telecommunications," Reliance