The latest & greatest News has come from the Indian telecom industry. Two telecom giants Reliance Jio and Airtel have entered into an agreement to purchase some spectrum in the 800Mhz band in Delhi, Mumbai and Andhra Pradesh circles. Jio has done the deal for around Rs 1,497 crore. As a result of this agreement, the company will be able to provide better services to its customers in Andhra Pradesh, Delhi and Mumbai by using the additional spectrum that Reliance Jio will get in the 800Mhz band.
Airtel press releaseAccording to this, the agreement between Jio and Airtel has been settled for Rs 1,497 crore. Subsequently, Jio will have 7.5Mhz of additional spectrum in Delhi, Mumbai and Andhra Pradesh circles. The company will use most of this in Andhra Pradesh, which will be 3.75Mhz. Apart from this, 1.25 MHz in Delhi and 2.50 MHz in Mumbai will be used. Certainly due to the additional spectrum, Jio customers will be able to get better services in the future.
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