Airtel pays Rs 6,857 cr to buy 97 MHz of spectrum

Bharti Airtel acquired 97 MHz of spectrum for Rs 6,857 crore in the recent auctions that concluded swiftly after seven rounds. This purchase includes renewing expiring licenses and enhancing its mid-band spectrum in key circles, solidifying Airtel’s position with the largest mid-band spectrum pool in India. Bharti Hexacom, Airtel's subsidiary, bought an additional 15 MHz for Rs 1,001 crore.
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