Reliance Jio buys 1497 crore spectrum from Airtel, services in these cities are going to be better

Reliance Jio Infocomm Limited (RJIL) has bought spectrum rights within the 800 MHz band of Andhra Pradesh, Delhi and Mumbai circles under a spectrum-trading agreement with Bharti Airtel Limited. Reliance Jio are going to be ready to provide better services to its customers by using 3.75 in Andhra Pradesh , 1.25 in Delhi and a couple of .50 MHz in Mumbai within the 800 MHz band. After this deal, Reliance Jio will have a complete of seven .5 MHz of additional spectrum available in these three circles.

Reliance Jio: Reliance Jio can pay a complete of Rs 1,497 crore

Reliance Jio buys 1497 crore spectrum from Airtel
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This trading agreement is completed consistent with the rules of spectrum trading issued by the Department of Telecommunications. The agreement is going to be effective only in any case regulatory and statutory approvals. Reliance Jio can pay a complete of Rs 1,497 crore for the acquisition of spectrum, which incorporates payment of 459 crore adjusted under credit .

Following the agreement for spectrum usage, Reliance Jio will have 2X15MHz spectrum within the 800MHz band of Mumbai Circle and 2X10MHz spectrum within the 800MHz band in Andhra Pradesh and Delhi circles, further strengthening spectrum-based customer services in these circles. . it’s expected that with the addition of latest spectrum, the infrastructure and network capacity of Reliance Jio are going to be better than before.

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