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Why Reliance Jio bought more spectrum than Airtel, Vi

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) for Rs 57,122.65 crore. This was highest among all telco who collectively bought 855.7 megahertz (MHz) of airwaves for Rs 77,814 crore over two days. ....

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Jio buys spectrum worth Rs 57,123 crore in all 22 circles

Jio buys spectrum worth Rs 57,123 crore in all 22 circles
Reliance Jio said that the acquired spectrum can be utilised for transition to 5G services at the appropriate time, where the company has developed its own 5G stack
BusinessToday.In | March 2, 2021 | Updated 19:47 IST
Reliance Jio emerged as the biggest bidder at the recently concluded spectrum auction. The telecom operator bought spectrum worth Rs 57,123 crore in all 22 circles across the country.
Jio will make an upfront payment of Rs 19,939 crore and a deferred payment of Rs 37,184 crore for its latest spectrum acquisition. The deferred payments will have to be made over 16 years after a moratorium of two years, with interest computed at 7.3 per cent per annum. ....

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