New Delhi | Bharti Airtel today said it has acquired 111.6 MHz of prime spectrum across different frequency bands for Rs 29,130 crore with an aim to retain its leadership position by launching pan India high speed 4G services and improving its existing network. The country’s number one telecom provider has bagged spectrum in bands such as 900 MHz, 1800 MHz and 2100 MHz bands. Of this, Rs 17,618 crore has been spent on the renewal of existing spectrum while the balance Rs 11,512 crore has been spent on procuring new spectrum, company said in a statement. The company’s spectrum acquisition strategy is aimed at enhancing its leadership position in the fast growing data segment in the country, it said. The company will be able to offer pan India 4G services using a combination of FDD-LTE technology in the 1800 MHz band and TDD-LTE roll-out in the 2300 MHz band. The auction design and the scarcity of spectrum have resulted in exorbitant bids to secure the spectrum, particularly in renewal circles, where huge investments have already been made on the assurance of a continuity of business enshrined in the licenses issued by the DoT, Gopal Vittal, MD and CEO- India & South Asia, Bharti Airtel said. It has successfully renewed all its spectrum holdings in the 900 MHz band in Andhra Pradesh, Karnataka, Punjab, Himachal Pradesh, Rajasthan and North East circles, it said. Bharti Airtel has also acquired 1800 MHz spectrum across Punjab, Andhra Pradesh, Kolkata, Orissa, Haryana and North East. It will also be able to offer 3G across all markets with the exception of Kerala using a combination of 900 MHz and 2100 MHz.
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