Airtel sells some 800 MHz spectrum in 3 circles to Jio for Rs 1,037.6 crore Synopsis Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said: “The sale of the 800 MHz blocks in these three circles has enabled us to unlock value from spectrum that was unutilised. This is aligned to our overall network strategy.” Reuters Jio will assume future liabilities of Rs 459 crores relating to the spectrum, Airtel said in a statement. Bharti Airtel has signed a “definitive” trading deal to sell its 800 MHz spectrum to Reliance Jio Infocomm in Andhra Pradesh, Delhi and Mumbai circles for Rs 1,037.6 crore, marking the first ever such deal between the two bitter rivals.