Business Standard

Airtel acquires airwaves worth Rs 18,699 cr in latest spectrum auction

90 million additional customers to be covered through the spectrum bought in latest auction, says the telco

bharti airtel
Premium

In the absence of the GSTR-2A form during July-September 2017, Bharti Airtel contended that input tax credit details were submitted based on estimates and noticed underreporting in October 2018.

BS Web Team New Delhi
Bharti Airtel on Tuesday said it has acquired 355.45 MHz spectrum across Sub GHz, mid band and 2300 MHz bands for a total consideration of Rs 18,699 crore in the latest spectrum auction conducted by the government. 

"This gives Airtel the most formidable spectrum holdings in the country. Airtel has now secured pan India foot print of Sub GHz spectrum that will help improve its deep indoor and in building coverage in every urban town," the company said.

Airtel said the spectrum acquired through the latest auction will also help improve its coverage in villages by offering the superior experience

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in