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Indian Railways intends to provide LTE or long-term evolution, based mobile train radio communication on its route, with the allotment of the 5MHz 4G spectrum system
Synopsis Separately, one of Vi’s domestic lenders, a large public-sector bank, recently extended a bank guarantee for about Rs 1,420 crore by another year, which will be used to clear its remaining dues to the government for 4G spectrum acquired in March. “Vi has assured us of raising some funds by June-end as due diligence by some investors is at a peak,” the top executive of a bank that advanced a sizable loan to the telco told ET. Vodafone Idea (Vi) has assured lenders that it expects to conclude its delayed fundraising, initially of about $1 billion (Rs 7,500 crore), by the end of ...
ET Telecom NEWS Powered by 4G spectrum sale: Most shopping done in round 1, ‘clean & boring’ auction ends middle of day 2 SECTIONS 4G spectrum sale: Most shopping done in round 1, ‘clean & boring’ auction ends middle of day 2By Share Synopsis The telecom sector’s most watched event – the spectrum auction – ended halfway through the second day, making it the second shortest sale after the one in 2013 that lasted 4 hours. Telecom Spectrum Auction 2021: Here is all you need to know A clean but very boring auction.” That’s how a senior tele...
Why Reliance Jio bought more spectrum than Airtel, Vi Jio has bid aggressively to bridge the gap between spectrum market share and subscriber market share as it was facing network constraints with strong subscriber growth, said Credit Suisse Manu Kaushik | March 3, 2021 | Updated 18:57 IST Jio purchased 488.35 MHz spectrum across three bands The just-concluded spectrum auctions have received higher-than-expected participation from telecom operators, primarily Reliance Jio and Bharti Airtel. Jio purchased 488.35 MHz (megahertz) of airwaves across three bands (800 MHz, 1800 MHz and 2300 MHz) f...
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