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Jio acquires spectrum in 1800 MHz band in Bihar and WB

In the spectrum auction conducted by the Department of Telecommunications – which concluded today, June 27, Jio acquired additional spectrum in the 1800 MHz band in Bihar and West Bengal.

With this acquisition, Jio has expanded its 1800 MHz band spectrum in two circles. Jio’s spectrum footprint has increased to 26,801 MHz (uplink + downlink).

Akash M Ambani, Chairman, Reliance Jio Infocomm Limited, said:

“We have already demonstrated our commitment to the Digital India Vision by rolling out one of the world’s fastest and widest Stand Alone 5G networks within 12 months of allotment of spectrum. This new spectrum acquisition will continue to enable us serving aspirations of the new India, in terms of growing traffic demands and superior customer experience, which is no longer limited to only urban markets. We want every Indian to enjoy the transformational benefits of Jio’s next generation of digital solutions.”

Key highlights of Jio’s spectrum acquisition
Circle-wise details of technology agnostic spectrum acquired in the 1800 MHz band for 20 years

ircle

MHz

(paired)

Cost

(Rs Crs)

Bihar

5.0

420.25

West Bengal

9.4

553.38

Total

14.4

973.63

As per terms of the spectrum auction, the above spectrum cost can be paid over 20 equated annual instalments, with interest computed at 8.65% per annum.

CT Bureau

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