Bharti Airtel is selling spectrum from its 800MHz band in Andhra Pradesh, Delhi and Mumbai to Reliance Jio, the telcos said on Tuesday in announcements to the press (1, 2). Through this agreement — the first of its kind —, Airtel will receive Rs 1037.6 crores from Jio for the proposed transfer, which will be subject to regulatory approvals. In addition, Jio will assume future liabilities of Rs 459 crores relating to the spectrum. "The trading agreement is in accordance with the Spectrum Trading Guidelines issued by the Department of Telecommunications," Jio said in its press release. "With this trading of right to use spectrum, RJIL will have 2X15MHz of spectrum in the 800MHz band in Mumbai circle and 2X10MHz of spectrum in the 800MHz band in Andhra Pradesh and Delhi circles, thereby further consolidating its spectrum footprint in these circles." Jio said it will use the spectrum to improve its network capacity; the telco is gearing up to do 5G trials, as and when the government holds auctions for the spectrum that will be used for that technology, among other regulatory hurdles. The deal is an interesting way for Airtel to monetize airwaves that it has not been using much, and represents a rare instance of cooperation in an industry where the two remaining incumbent private telecom operators (Airtel and Vi) have often sparred publicly with Jio, whose entry led to their profits plummeting into losses for years, something they're just now close to recovering from. Also read Airtel…
- Delhi HC Directs Indian Kanoon To Mask Name of Rape-Accused in Archived Order, Resurrecting Right to Be Forgotten Debates June 5, 2023
- Netflix, Amazon, Viacom18 to challenge India’s new tobacco guidelines for OTT platforms June 5, 2023
- 5 talking points from the Artificial Intelligence stories we covered in May June 5, 2023
- Indian crypto exchanges plan to collect identity details for crypto transfers to private wallets: Report June 3, 2023
- Jugalbandi, A Chatbot for Rural India by Microsoft and EkStep: What to Know and Think About? June 3, 2023
MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.
Is it safe to consider all "publicly available data" as public?
PhonePe launched an e-commerce buyer app for ONDC called Pincode. We, however, believe that it should also launch a seller app.
Amazon announced that it will integrate its logistics network and SmartCommerce services with the Open Network for Digital Commerce (ONDC).
India's smartphone operating system BharOS has received much buzz in the media lately, but does it really merit this attention?
After using the Mapples app as his default navigation app for a week, Sarvesh draws a comparison between Google Maps and Mapples
Please subscribe to MediaNama. Don't share prints and PDFs.
You May Also Like
Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...
135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...
Twitter takes down tweets from MP, MLA, editor criticising handling of pandemic upon government request
By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...
Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...