Vodafone Concept (Vi) at present introduced that it has acquired 50 MHz of spectrum throughout low-band (900 MHz) and mid-band (1800 MHz and 2500 MHz) in 11 circles, amounting to Rs 3,510 crore within the Spectrum public sale that concluded at present. In complete, the federal government has auctioned 10,522.35 MHz throughout eight bands, valued at Rs 96,238.45 crore at reserve costs.
Additionally Learn: Bharti Airtel Acquires 97 MHz Spectrum to Improve 4G and 5G Providers
Key Spectrum Acquisition Particulars
Vodafone Concept stated that along with renewing 900 MHz spectrum in Uttar Pradesh West (5 MHz) and West Bengal (3.8 MHz) circles, the corporate has additionally elevated its 900 MHz spectrum holdings in 7 circles: Andhra Pradesh (2.4 MHz), Tamil Nadu (2.4 MHz), Karnataka (2.2 MHz), Punjab (1.2 MHz), Rajasthan (0.4 MHz), Uttar Pradesh East (1.2 MHz), and Kolkata (0.2 MHz).
Vi stated this newest spectrum acquisition will allow it to allocate ample 900 MHz band spectrum for 4G, enhancing the expertise of its 4G prospects in these markets, notably indoors.
In Andhra Pradesh, Tamil Nadu (excluding Chennai), Punjab, and huge components of Karnataka and Uttar Pradesh (East), 4G on the sub-GHz 900 band will probably be supplied for the primary time.
Along with the 900 MHz spectrum, Vi has additionally acquired 1800 MHz spectrum in Madhya Pradesh (1.2 MHz) and 2500 MHz spectrum in Bihar (10 MHz). This spectrum will assist improve community capability rapidly, the corporate stated.
Additionally Learn: Reliance Jio Acquired 1800 MHz Spectrum in 2 Circles in 2024 Public sale
4G Service Enlargement
“This spectrum acquisition is in keeping with the Firm’s long-term strategic plan to supply a superior expertise to its prospects and successfully utilise spectrum throughout present and rising applied sciences,” Vodafone Concept stated in a press release on Wednesday.
Commenting on the spectrum acquisition, Akshaya Moondra, CEO of Vodafone Concept, stated, “VIL has strategically acquired spectrum in choose markets to boost and strengthen its total spectrum portfolio. This acquisition will allow us to successfully use devoted sub-GHz spectrum for superior applied sciences to boost the shopper expertise. As VIL embarks on its development journey with the fundraising plan in place, this spectrum acquisition will additional strengthen its aggressive place out there.”
Following the 2024 Spectrum Public sale, Vodafone Concept now holds a complete spectrum of 8,030.4 MHz throughout all bands.
