Vodafone Thought (Vi) immediately introduced that it has acquired 50 MHz of spectrum throughout low-band (900 MHz) and mid-band (1800 MHz and 2500 MHz) in 11 circles, amounting to Rs 3,510 crore within the Spectrum public sale that concluded immediately. In whole, the federal government has auctioned 10,522.35 MHz throughout eight bands, valued at Rs 96,238.45 crore at reserve costs.
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Key Spectrum Acquisition Particulars
Vodafone Thought stated that along with renewing 900 MHz spectrum in Uttar Pradesh West (5 MHz) and West Bengal (3.8 MHz) circles, the corporate has additionally elevated its 900 MHz spectrum holdings in 7 circles: Andhra Pradesh (2.4 MHz), Tamil Nadu (2.4 MHz), Karnataka (2.2 MHz), Punjab (1.2 MHz), Rajasthan (0.4 MHz), Uttar Pradesh East (1.2 MHz), and Kolkata (0.2 MHz).
Vi stated this newest spectrum acquisition will allow it to allocate enough 900 MHz band spectrum for 4G, enhancing the expertise of its 4G clients in these markets, notably indoors.
In Andhra Pradesh, Tamil Nadu (excluding Chennai), Punjab, and huge components of Karnataka and Uttar Pradesh (East), 4G on the sub-GHz 900 band will likely be supplied for the primary time.
Along with the 900 MHz spectrum, Vi has additionally acquired 1800 MHz spectrum in Madhya Pradesh (1.2 MHz) and 2500 MHz spectrum in Bihar (10 MHz). This spectrum will assist improve community capability rapidly, the corporate stated.
Additionally Learn: Reliance Jio Acquired 1800 MHz Spectrum in 2 Circles in 2024 Public sale
4G Service Enlargement
“This spectrum acquisition is according to the Firm’s long-term strategic plan to supply a superior expertise to its clients and successfully utilise spectrum throughout present and rising applied sciences,” Vodafone Thought stated in a press release on Wednesday.
Commenting on the spectrum acquisition, Akshaya Moondra, CEO of Vodafone Thought, stated, “VIL has strategically acquired spectrum in choose markets to reinforce and strengthen its total spectrum portfolio. This acquisition will allow us to successfully use devoted sub-GHz spectrum for superior applied sciences to reinforce the client expertise. As VIL embarks on its development journey with the fundraising plan in place, this spectrum acquisition will additional strengthen its aggressive place out there.”
Following the 2024 Spectrum Public sale, Vodafone Thought now holds a complete spectrum of 8,030.4 MHz throughout all bands.