Airtel buys 4G spectrum from Aircel for ₹3.5k cr
In a stock exchange filing, Bharti Airtel on Friday announced the purchase of 4G spectrum from Aircel in eight circles for ₹3,500 crore. The circles include Tamil Nadu, Bihar, J&K, West Bengal, Assam, the North-East, Andhra Pradesh and Odisha. However, the transfer of rights in Andhra Pradesh and Odisha will be subject to a spectrum cap revision.