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Update: Airtel completes acquisition of Aircel’s 4G spectrum in 8 circles

Update (November 23rd, 2016): Bharti Airtel has completed acquisition of Aircel's 20MHz of spectrum under the  2300MHz band in all 8 circles, with necessary approvals from the Department of Telecommunication, the company informed in a filing with the stock exchanges. April 11, 2016: India's largest telecom operator, Airtel, is continuing its aggressive expansion in 4G and has bought 20 Mhz of the 2,300 band spectrum from Aircel for Rs 3,500 crore, the company said in a filing with the stock exchanges. The deal will allow Airtel to offer 4G services in the eight circles of Tamil Nadu, Bihar, Jammu and Kashmir, West Bengal, Assam, the North East, Andhra Pradesh and Odisha. "With the above acquisition, Bharti Airtel will become a pan India 4G operator," the company added in its statement. The deal was completed by Bharti Airtel Limited and its subsidiary Bharti Heaxacom Limited. Earlier in March, Airtel had bought Videocon's 1,800 Mhz spectrum in six circles for Rs 4,428 crore. Videocon Telecom had broke off its earlier deal with Idea Cellular for the same. In November 2015, Idea Cellular had entered into an agreement to acquire the rights to use spectrum currently with Videocon Telecom in the 1800 MHz band in two key circles – Maharashtra and Uttar Pradesh (West) – for Rs 3310 crore. Airtel is going head-to-head with Mukesh Ambani's Reliance Jio. Airtel now offers 4G services in 19 0f the 22 telecom circles. Reliance Jio has a unified pan India licence which allows it to operate 4G…

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