Vodafone acquires spectrum for Rs 20,200 cr

Updated - January 16, 2018 at 06:14 PM.

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Vodafone India on Friday said it has acquired spectrum in all its key telecom circles in the the recently concluded auction for a total cost of Rs 20,200 crore (€2.74 billion).

Vodafone India successfully acquired a total of 82.6 MHz FDD and 200 MHz TDD spectrum in the auction across the 1800, 2100 and 2500 MHz bands.

Vodafone India now has 17 circles with 4G capability, covering 90 per cent of the company’s total revenues and 94 per cent of mobile data revenues

Sunil Sood, Managing Director & CEO, Vodafone India said, “This enables us to provide our customers broadband services across India with multi-band high capacity capability in our strong circles”.

Vodafone India has the largest voice and data traffic usage within the Vodafone Group and has more than 200 million customers. As of June 30, 2016, Vodafone India had 69.7 million data users, of which 32.3 million use 3G/4G.

In March 2015, Vodafone India acquired 78.4 MHz of spectrum in 12 telecom circles. In February 2014, Vodafone also acquired spectrum in 11 telecom circles.

Published on October 7, 2016 06:27