Thursday, 14 December 2017

Idea to buy 1800-MHz spectrum from Videocon for €470m

By Nick Wood, Total Telecom
Tuesday 24 November 15

Indian mobile operator to put new spectrum-trading rules to test with bid for frequencies in Gujarat, Uttar Pradesh.

Idea Cellular on Tuesday agreed to acquire spectrum from Videocon for 33.1 billion rupees (€469.5 million), a deal that will put India's recently-enacted spectrum trading rules to the test. Under the proposed transaction, Videocon will transfer its 1800-MHz spectrum in the Gujarat and Uttar Pradesh telecom circles to Idea…

Idea Cellular on Tuesday agreed to acquire spectrum from Videocon for 33.1 billion rupees (€469.5 million), a deal that will put India's recently-enacted spectrum trading rules to the test. Under the proposed transaction, Videocon will transfer its 1800-MHz spectrum in the Gujarat and Uttar Pradesh telecom circles to Idea…

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