Reliance Jio and Airtel have announced that they have acquired spectrum in the latest spectrum auction that kicked off on March 1 for the fourth-generation (4G) mobile networks. Reliance Jio acquired spectrum in the 800 MHz, 1800 MHz and 2300 MHz bands. Meanwhile, Airtel said in a press release that the company has acquired 355.45 MHz spectrum for Rs 18,699 crores. Also Read – Top postpaid plans from Jio, Airtel, Vi with free Netflix, Disney Plus Hotstar, Amazon Prime Video access
The latest spectrum auction for 4G mobile networks was held for the first time in four years. The auction of 2,251 megahertz airwaves by the end of the financial year 2020-21 at the reserved price of Rs 3.92 lakh crore was approved by the Union Cabinet on December 16. Also Read – BSNL launches Rs 249 recharge coupon with unlimited calling, 2GB daily data
Spectrums were offered across seven bands by the…