NEW DELHI: Vodafone Idea Limited said that it has acquired spectrum in the 5 circles which will further help it to enhance 4G coverage and capacity, enabling superior digital experience for its customers.
In a statement, the telco said that the Indian telecom sector is well positioned to drive the Digital India agenda with sufficient spectrum availability and adequate number of market players. "...we used the recently concluded spectrum auction to optimise spectrum holding to create further efficiencies in a few circles.
"Vodafone Idea entered the auction holding the largest quantum of spectrum with a very small fraction, which was administratively allocated and used for GSM services, coming up for renewal," it said in a statement.
In the next few years, the industry is readying to deploy 5G technology with India specific use cases. "We are hopeful that a larger quantum of spectrum in globally harmonised bands, will be made available for all operators in the future as well as it would be at fair prices that allows operators to have the ability to rapidly roll out networks."
Bharti Airtel said that it has acquired 355.45 MHz spectrum across sub GHz, mid band and 2300 MHz bands for Rs 18,699 crores in the latest spectrum auction which ended earlier in the day.
Reliance Jio is expected to be the largest bidder - putting in around Rs55,000 crore - in the spectrum auction and renew its airwaves in the 800 Mhz which it shared with Reliance Communications and were up for renewal.
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