Airtel and Jio complete 800MHz spectrum transfer

16 Aug 2021

Indian full-service provider Bharti Airtel has completed the sale of a portion of its 800MHz spectrum to rival operator Reliance Jio Infocomm (Jio), the Economic Times writes. Airtel transferred spectrum covering the Andhra Pradesh (2×3.75MHz), Delhi (2×1.25MHz) and Mumbai (2×2.5MHz) circles to Jio and received INR10.0 billion (USD134.7 million) from the latter and noting that Jio would take on future liabilities of INR4.7 billion relating to the spectrum. The airwaves were part of the frequencies that had been acquired by Airtel through its takeover of Tata Group’s consumer mobile business in mid-2019.

India, Bharti Airtel, Reliance Jio Infocomm (Jio)