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Airtel purchased Augere Wireless Broadband India Private Limited, a company that owned 4G spectrum in the Chhattisgarh-Madhya Pradesh circle for an undisclosed sum in December 2015. The Economic Times estimated Augere's spectrum to be worth ₹ 1.5 billion (US$17 million). [ 51 ]
Airtel obtained 4G licences and spectrum in the telecom circles of Delhi, Haryana, Kerala and Mumbai after acquiring Wireless Business Services Private Limited, a joint venture founded by Qualcomm, which had won BWA spectrum in those circles in the 4G spectrum auction. [23] Airtel launched 4G services on mobile from February 2014. The first ...
Bharti Telecom (BTL), is a holding company of Bharti Airtel with Bharti Enterprises and SingTel owning 50.56 percent and 49.44 percent, respectively, in BTL, which in turn owns 35.80 percent of Bharti Airtel. [7] Bharti Airtel is the third largest mobile operator in the world, in subscriber base, and has a presence across 18 countries. [8]
Players like Videocon and Systema sold their spectrum under spectrum trading agreements to Airtel and RCOM respectively in Q4 2016. On 23 February 2017, Telenor India announced that Bharti Airtel will take over all its business and assets in India and deal will be completed in 12 months timeframe. [ 41 ]
State-owned telecom companies BSNL and MTNL were also awarded spectrum, although they did not participate in the auction. [17] BSNL paid the Indian government ₹ ₹ 101.87 billion (equivalent to ₹ 230 billion or US$2.6 billion in 2023) for spectrum in 20 circles and MTNL got spectrum for 3G services in 2 circles, Delhi and Mumbai .
“As a result, their Spectrum TV subscribers no longer have access to our unrivaled portfolio of live sporting events and news coverage plus kids, family and general entertainment programming.
In November 2015, Videocon entered into an agreement with Idea Cellular Ltd. to sell its spectrum in Gujarat and Uttar Pradesh (West) for ₹ 3,310 crore (US$380 million). By March 2016, Airtel offered to purchase spectrum in all six circles in which Videocon operated for ₹ 4,428 crore (US$510 million). Videocon had been looking to exit the ...
WASHINGTON (Reuters) -The Biden administration on Tuesday released a detailed timeline for studying significant government-owned spectrum with the aim of helping to expand wireless and other ...