Govt launches high capacity satellite-based telecom connectivity in Lakshadweep thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
New Delhi [India], August 13 (ANI): Bharti Airtel on Friday announced the closure of its agreement with Reliance Jio Infocomm to transfer 'right to use' of Airtel's 800 MHz spectrum in three circles to Jio.
Airtel has received Rs 1,004.8 crore (net of tax) from Jio for the proposed transfer, the company said in a statement. In addition, Jio will assume future liabilities of Rs 469.3 crore relating to the spectrum.
".Vi came with a promise of a better tomorrow, bringing the best in technology, services and solutions for the Digital Indian and Digital Bharat. We will continue to deliver on this promise to keep you ahead," said Takkar on Friday in a message to subscribers. The message comes about a year after the rollout of Vi brand.
Reliance Jio concludes spectrum trading agreement with Bharti Airtel aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.