Airtel signs agreements with Aircel and its subsidiaries to acquire 20 MHz in the 2300 MHz spectrum band

Bharti Airtel has signed definitive agreements with Aircel and its subsidiaries, Dishnet Wireless and Aircel Cellular, to acquire the right to use 20 MHz of spectrum in the 2300 MHz band across eight circles. These circles are Tamil Nadu (including Chennai), Bihar, Jammu & Kashmir, West Bengal, Assam, the Northeast, Andhra Pradesh and Odisha. The deal is valued at Rs 35 billion.