Airtel completes acquisition of Videocon’s spectrum in six circles

IndiaTimes of India — NEW DELHI: Bharti Airtel has said that it has completed the Rs 4,428 crore deal with Videocon Telecommunications Ltd (VTL) to acquire the latter’s spectrum in six circles. In March, Bharti Airtel and VTL had entered into a definitive agreement, wherein, Airtel proposed to acquire the rights to use 2X5MHz spectrum in the 1800MHz band allotted to VTL for an aggregate consideration of Rs 4,428 crore.

http://timesofindia.indiatimes.com/tech/tech-news/Airtel-completes-acquisition-of-Videocons-spectrum-in-six-circles/articleshow/52430649.cms

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