Indian telecommunications giant Bharti Airtel Ltd said on Friday it had agreed to pay Aircel 35 billion rupees ($526 million) for radio frequencies in eight service areas, to make its 4G mobile broadband services available across India.
Bharti, India's largest mobile phone operator, will acquire the rights to use spectrum in the 20 Mhz 2300 band from Aircel, the company said in a statement to the Indian stock exchange.
Last month Bharti agreed to pay 44.28 billion rupees to Videocon Telecommunications for more mobile spectrum. Booming sales of smartphones in India are encouraging telecom operators to expand their infrastructure spending to increase their 3G and 4G mobile broadband services.
India has over 1 billion subscribers to mobile voice telephony services but only a third of those currently use mobile Internet services.
Image may be NSFW.
Clik here to view.
Like Us On Facebook |
Image may be NSFW.
Clik here to view. Follow Us On Twitter |
Image may be NSFW.
Clik here to view. Contact HuffPost India
Also see on HuffPost:
Bharti, India's largest mobile phone operator, will acquire the rights to use spectrum in the 20 Mhz 2300 band from Aircel, the company said in a statement to the Indian stock exchange.
Last month Bharti agreed to pay 44.28 billion rupees to Videocon Telecommunications for more mobile spectrum. Booming sales of smartphones in India are encouraging telecom operators to expand their infrastructure spending to increase their 3G and 4G mobile broadband services.
India has over 1 billion subscribers to mobile voice telephony services but only a third of those currently use mobile Internet services.
Image may be NSFW.
Clik here to view.
Like Us On Facebook | Image may be NSFW.
Clik here to view.
Follow Us On Twitter | Image may be NSFW.
Clik here to view.
Contact HuffPost IndiaAlso see on HuffPost:
