Technoglitch
Core Member
"Aircel is keen to offload airwaves, especially 2300Mhz, and there is only one buyer in the market at this time (Airtel), unlike airwaves in 1800Mhz and 2100Mhz band which could see interest from other bigger players," he added.
Another person in the know added that going by discussions so far, the airwaves could be sold at a discount of 5-7% to the last discovered price of spectrum in the 2010 auctions, which is when both Airtel and Aircel bought their 4G airwaves.
Aircel had paid Rs 3,438 crore to win 4G airwaves in the 2300Mhz band in the 2010 spectrum auctions in eight of the 22 circles. However, five years later, the company has launched its services in six circles of Tamil Nadu, Andhra Pradesh, Bihar, Odisha, Assam and Jammu & Kashmir, but only for enterprise customers. It is yet to launch any services in the North East and West Bengal. It recently announced expansion of its network by adding 13,000 2G, 3G and 4G sites across the country by December.
Reliance Jio may push Airtel to buy Aircel spectrum - Times of India
Another person in the know added that going by discussions so far, the airwaves could be sold at a discount of 5-7% to the last discovered price of spectrum in the 2010 auctions, which is when both Airtel and Aircel bought their 4G airwaves.
Aircel had paid Rs 3,438 crore to win 4G airwaves in the 2300Mhz band in the 2010 spectrum auctions in eight of the 22 circles. However, five years later, the company has launched its services in six circles of Tamil Nadu, Andhra Pradesh, Bihar, Odisha, Assam and Jammu & Kashmir, but only for enterprise customers. It is yet to launch any services in the North East and West Bengal. It recently announced expansion of its network by adding 13,000 2G, 3G and 4G sites across the country by December.
Reliance Jio may push Airtel to buy Aircel spectrum - Times of India
