Bharti Airtel has acquired 355.45 MHz spectrum across Sub GHz, mid-band and 2300 MHz bands for Rs 18,699 crore or $2.54 billion during the 2021 spectrum auction in India.
Airtel has secured all India foot print of Sub GHz spectrum that will improve its indoor and in building coverage in urban towns. In addition, this spectrum will help improve its coverage in villages by offering the superior Airtel experience to an additional 90 million customers in India.
Airtel has decisively strengthened its mid band and capacity spectrum holdings that will help it provide an exceptional customer experience at marginal capex. All of the spectrum will enable Airtel to deliver 5G services in future.
“Airtel has a solid spectrum portfolio that will enable it to deliver the best mobile broadband experience in India,” Gopal Vittal, MD and CEO (India & South Asia), Bharti Airtel said.
The company the 700 MHz band bands did not get any bid from the operators as it made no economic case for them based on the high reserve prices.