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Bharti Airtel has acquired 173.8 MHz spectrum across three spectrum bands including 1800 MHz, 2100 MHz and 2300 MHz for a total consideration of Rs 14,244 crore.
The company now has 4G and 3G spectrum in all circles. Over the past six years, the company has acquired spectrum worth Rs 100,000 crore through auctions and trading.
In the latest auction, Airtel has built new 4G/3G capabilities in seven circles. The company has spent Rs. 10,340 crore towards enhancing data capacities in 15 circles. It has also spent Rs 321 crore towards completing some of the existing partial blocks in four circles, giving it a second carrier for its future needs.
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